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Varun Kumar Jha

Varun Kumar Jha is the founder and author of LLB Varun, with an LL.B. (legal education) background from Karnataka State Law University (KSLU). The content of this website is written and reviewed by . 🌐 Connect: LinkedIn | Contact Editor.

Section 73 of Indian Contract Act

    Compensation for loss or damage caused by breach of contract.— When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract,… 

    Section 74 of Indian Contract Act

      Compensation for breach of contract where penalty stipulated for.— When a contract has been broken, if a sum is named in the contract as the amount to be paid in case of such breach, or… 

      Section 75 of Indian Contract Act

        Party rightfully rescinding contract, entitled to compensation.— A person who rightfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract. Illustration A, a singer,…