Section 23 of SRA : Section 23: Liquidation Of Damages Not A Bar To Specific Performance
SRA
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Explanation using Example
Imagine that Raj and Priya enter into a contract where Raj agrees to sell Priya a unique vintage car for ₹5,00,000. The contract states that if Raj fails to deliver the car, he must pay Priya ₹50,000 as compensation for breach of contract. However, when the time comes, Raj changes his mind and offers to pay the ₹50,000 instead of selling the car. Priya, being a collector of vintage cars, insists that she wants the specif...
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