Indian Contract Act, 1872 with Section 55

Supreme Court Clarifies Liquidated Damages and Time Essence in Contracts: Welspun vs. ONGC (2021)

/ Arbitral Award, Arbitration and Conciliation Act, 1996, Arbitration and Conciliation Act, 1996 with Section 34, Breach of contract, Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 55, Indian Contract Act, 1872 with Section 74, Judges, N.V. Ramana, Surya Kant

Supreme Court Clarifies Liquidated Damages and Time Essence in Contracts: Welspun vs. ONGC (2021) LEGAL ISSUE: Whether time was of the essence in the contract and the validity of imposing liquidated damages. CASE TYPE: Contract Law, Arbitration Case Name: Welspun Specialty Solutions Limited vs. Oil and Natural Gas Corporation Ltd. Judgment Date: 13 November 2021 […]

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Supreme Court Dismisses Specific Performance Suit Due to Limitation and Lack of Readiness: Urvashi Aggarwal vs. Kushagr Ansal (2019)

/ Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 55, Indian Contract Act, 1872 with Section 63, Judges, L. Nageswara Rao, Limitation Act, 1963, Limitation Act, 1963 with Article 54, Mohan M. Shantanagoudar, Specific Relief Act, 1963, Specific Relief Act, 1963 with Section 16(c)

Supreme Court Dismisses Specific Performance Suit Due to Limitation and Lack of Readiness: Urvashi Aggarwal vs. Kushagr Ansal (2019) LEGAL ISSUE: Whether a suit for specific performance of a sale agreement is barred by limitation if filed after three years from the date fixed for performance, and whether the plaintiffs demonstrated readiness and willingness to

Supreme Court Dismisses Specific Performance Suit Due to Limitation and Lack of Readiness: Urvashi Aggarwal vs. Kushagr Ansal (2019) Read Post »

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