Section 74 of ICA And Non-Compete Agreements: Examining Indian Court’s Approach
INTRODUCTION The Indian Contract Act, 1872, primarily establishes the regulations concerning liquidated damages under section 74. In essence, it states that parties may specify in the contract itself an amount that will be paid by the party in default to the other party in event of a breach of contract. The party seeking damages for … Continue reading Section 74 of ICA And Non-Compete Agreements: Examining Indian Court’s Approach
Read more »Whether a Criminal Case of Breach of Trust or Cheating Can Be Made Out On A Non-payment of Salary Dispute
Introduction “The distinction between, mere breach of contract and the offence of cheating is a fine one. It depends upon the intention of the accused at the time of inducement which may be judged by his subsequent conduct but for this subsequent conduct is not the sole test. Mere breach of contract cannot give rise … Continue reading Whether a Criminal Case of Breach of Trust or Cheating Can Be Made Out On A Non-payment of Salary Dispute
Read more »Abandonment of Contract, How is it different from Breach of Contract?
Contract, as according to Section 2(h) of the Indian Contract Act, 1872 is any agreement that can be enforced in the court of law. An Agreement as under section 2(e) of the act means any promise(s) made by one party for a standard consideration. When such promise or consideration is not fulfilled, the contract is … Continue reading Abandonment of Contract, How is it different from Breach of Contract?
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