Section 74 of the Contracts Act 1950

GPTKB entity

Statements (12)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:appliesTo contracts governed by Malaysian law
gptkbp:excludes compensation for remote and indirect loss or damage
https://www.w3.org/2000/01/rdf-schema#label Section 74 of the Contracts Act 1950
gptkbp:influencedBy Section 74 of the Indian Contract Act 1872
gptkbp:jurisdiction gptkb:Malaysia
gptkbp:partOf gptkb:Contracts_Act_1950
gptkbp:provides when a contract has been broken, the party who suffers by such breach is entitled to receive compensation
compensation is not to exceed the amount named in the contract or penalty stipulated
gptkbp:subject compensation for breach of contract
gptkbp:bfsParent gptkb:Seksyen_74
gptkbp:bfsLayer 8