Mobile View
Main Search Advanced Search Disclaimer
Citedby 388 docs - [View All]
The Special Officer, Amaravathi ... vs D.V. Thirumalaswamy And Ors. on 16 April, 1970
Arbitration Petition No. 4 Of 1986 vs Dilip Dharamsey Khatau on 12 April, 2013
State Of Kerala And Ors. vs United Shippers And Dredgers Ltd. on 15 July, 1982
Abdul Gani And Co. vs Trustees Of The Port Of Bombay on 26 September, 1951
B.V. Basavaraj vs N.R. Chandran on 2 December, 1999

[Complete Act]
Central Government Act
Section 74 in The Indian Contract Act, 1872
74 Compensation for breach of contract where penalty stipulated for:- 34 [When a contract has been broken, if a sum is named in the contract as the amount to be paid in case of such breach, or if the contract contains any other stipulation by way of penalty, the party complaining of the breach is entitled, whether or not actual damage or loss is proved to have been caused thereby, to receive from the party who has broken the contract reasonable compensation not exceeding the amount so named or, as the case may be, the penalty stipulated for. Explanation.— A stipulation for increased interest from the date of default may be a stipulation by way of penalty.]