Abstract

When parties enter into a contract or a contract is signed, there are certain chances that the contract will be breached. In this case, in order to protect the preferences or goals of the contracting parties or parties entering into the contract along with providing them with justice, the parties that have been victims of the unlawful act of violation shall be granted such remedies. Damages are one of the remedies which is provided for the breach or violation of contract. It essentially refers to any kind of monetary loss or compensation granted at one time in the form of a sum of money. The purpose or intent of establishment of the systematic or structural law of harm given for violation of contract is to know whether the workers or the public are satisfied in order to maintain the integrity of the community and uplift/promote its growth. This paper intends to showcase meaning, nature and objective of damages as a remedy of breach of contract along with providing an insight on the same under the Indian as well as English law. It also provides a comparision between the two laws with regard to damages under violation/breach of contract.

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