Tag: contract law
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Deciphering Ambiguities in Contracts: The ‘Oh, of course!’ Principle
First published on Bar and Bench here Contract law confines itself to the enforcement of voluntarily created obligations. It does not create rights and duties…
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Demystifying law of liquidated damages under Indian Contract Act
Law of Liquidated Damages and Penalty (S.74 of the Indian Contract Act) When the contract mentions a ‘specific amount’ to be paid as compensation…
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Contract–Money deposited as earnest money–Breach committed by buyer-Right of seller to forfeit-Principles. Contract Act (9 of 1872), ss. 64 and 74-Scope of.
Supreme Court of India Shree Hanuman Cotton Mills & Ors vs Tata Air-Craft Ltd on 28 October, 1969 Equivalent citations: 1970 AIR 1986, 1970…
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Specific Performance of an Agreement vitiated by Fraud/Undue Influence.
Comment : In this case the plaintiff sought specific performance on the basis of an agreement to sell. defendant pleaded that the same was…
