Skip to content

Varun Kumar Jha

LLB Varun (LLBVarun.com) is an online legal education platform founded by Varun Kumar Jha for law students, competitive exam aspirants, and legal professionals in India. It focuses on making legal concepts easy to understand through Bare Acts, AIBE MCQs, and case laws.

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,…