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Varun Kumar Jha

Varun Kumar Jha is a Legal Researcher and the founder of LLB Varun. The content is written and reviewed by , a dedicated legal author with an LL.B. background from Karnataka State Law University (KSLU). You can review and verify the statutory language directly within the Ministry of Home Affairs Official Gazette Document. 🌐 Connect: LinkedIn | Contact Editor.

Section 71 of Indian Contract Act

    Responsibility of finder of goods.β€” A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a bailee.

    Section 72 of Indian Contract Act

      Liability of person to whom money is paid, or thing delivered, by mistake or under coercion.β€” A person to whom money has been paid, or anything delivered, by mistake or under coercion, must repay or… 

      Section 73 of Indian Contract Act

        Compensation for loss or damage caused by breach of contract.β€” 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.β€” 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.β€” 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,…