An Investigation into the Concept of Damages as a Form of Remedy for Breach of Contract in Indian Contract Law and English Contract Law

  • Madhur Khatri
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  • Madhur Khatri

    Student at NMIMS Mumbai, India.

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Abstract

When two parties engage into a contract or a contract is signed, there is a potential that it will be broken. In this scenario, the parties who have been victims of the unlawful act of breach will be awarded such remedies in order to defend the preferences or goals of the contractual parties or parties entering into the contract, as well as to provide them with justice. Damages are one of the remedies available in the event of a contract breach or violation. It primarily refers to any type of monetary loss or compensation given in the form of a lump sum of money at one time. The objective or intent of establishing a systematic or structural law of harm for contract violations is to determine if workers or the general public are satisfied in order to maintain the community's integrity and encourage its growth. This paper aims to explain the meaning, nature, and purpose of damages as a breach of contract remedy, as well as provide an overview of the subject under Indian and English law. It also compares and contrasts the two laws in terms of damages for contract violations and breaches.

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Research Paper

Information

International Journal of Law Management and Humanities, Volume 5, Issue 3, Page 1046 - 1055

DOI: https://doij.org/10.10000/IJLMH.113156

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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