Law of Liquidated Damages in Contracts: The Interplay of Section 73 and 74 of Contract Act 1872 (original) (raw)

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This research paper examines the law of liquidated damages in contracts, specifically focusing on the interplay of Section 73 and Section 74 of the Contract Act 1872. It discusses the definition and enforceability of liquidated damages, highlights important case law that has shaped these concepts, and contrasts the interpretation of these provisions in different jurisdictions, particularly comparing the views of Pakistani judges and lawyers with established legal precedents.