Section 74 Compensation for breach where penalty stipulated for | Contract Act, 1872 (BL152)

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Compensation for breach of contract where penalty stipulated for
Contract Act, 1872
Section 74

Content ID: BL152
Facilitator: KA

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I have a question
if the penalty amount in contract is written in percentage that on your less work efficiency I will reduce your 20% wage. Than it will considered as extravagant or not?is it fall under this section of contract or not?

samannaveed