Abhinav Gaur, Research Associate Every contract broaches an obligation upon each party to such contract, to either do or not to do something. Upon breach of such obligation created by…

Author: Sourish Saha, Research Associate Damages are of two types, liquidated and unliquidated. Liquidated damages ((Defined in Smith v. Smith 4 Wend. (N.Y.) 470, Eakin v. Scott 70 Tex. 442,…