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This is a platform that connects the citizen with the state and academia. We try to create a dialogue on the technicalities of law, politics and economics in understandable terms. Follow us on LinkedIn for interesting insights & updates.
Liquidated damages in India: Analysis of contract law and landmark contract cases
The Bridge Project Podcast
13 minutes 54 seconds
6 years ago
Liquidated damages in India: Analysis of contract law and landmark contract cases
Bonus tip for drafting LD clauses in contracts: Limit the pre-estimate damage in LD clause to less than 10%. The court would likely to upheld it without interference.
In this episode, we analyse the legal position of LD clauses in light of four important judgements in India.
The Bridge Project Podcast
This is a platform that connects the citizen with the state and academia. We try to create a dialogue on the technicalities of law, politics and economics in understandable terms. Follow us on LinkedIn for interesting insights & updates.
