Estimating Loss from Breach of Contract

What is the primary focus of the legal aspects governing public procurement of works?

Which act is specifically mentioned for e-procurement and e-auction in the text?

Which act serves as the basis for the Central Bureau of Investigation (CBI)?

Which law is not specifically mentioned in the list provided in the text?

Why is it stated that a public procurement professional is not expected to be a legal expert?

What is the definition of 'Supplier' in contract management?

What does 'Purchase Order' represent in the context of contracts?

What is the definition of 'Bid documents/ Tender documents' in contract management?

What is meant by 'Advance Purchase Order' in contract management?

In contract management, what does 'Work Order' refer to?

What is the purpose of 'Notice Inviting Tender' (NIT)?

What is the function of 'Procurement Policy Division (PPD)'?

What does 'Earnest Money Deposit (EMD)/ Bid Security' serve as?

What is the role of the 'Central Public Procurement Portal (CPPP)'?

What is the significance of 'Security Deposit/ Performance Guarantee'?

What is one of the essential requirements for a valid contract according to the Indian Contract Act, 1872?

Which of the following is NOT an essential requirement for a valid contract?

In the context of contracts, what does 'Mutual and lawful consideration' mean?

Under the Indian Contract Act, 1872, who should have free consent for a valid contract?

Why is it important for a contract to have certainty and possibility of performance?

What is the primary objective of the Central Public Procurement portal (CPPP)?

According to GFR 2017 (Rule 160), what is mandatory for Ministries/Departments regarding bids?

What does the Central Public Procurement portal (CPPP) provide access to?

In case a Ministry/Department does not use the e-procurement solution developed by NIC, what is the requirement regarding tender data?

What is the role of Central Public Sector Enterprises (CPSEs) regarding the Central Public Procurement portal (CPPP)?

What is the significance of taking into account the means of remedying inconvenience caused by non-performance of a contract in estimating loss or damage?

According to Section 74, what is the entitlement of the party complaining of a breach of contract when a contract specifies a sum to be paid in the case of a breach?

What compensation is a person rightfully rescinding a contract entitled to according to Section 75?

What is the preferred option globally for settling commercial disputes quickly and enforcing contracts?

When did the Arbitration & Conciliation Act come into effect?

What key feature was established by Act 33 of 2019?

What is the time limit for arbitral tribunals to make awards in international commercial arbitrations post the 2019 amendment?

In which section of the Arbitration Act is the term 'Arbitration Agreement' defined?

Under which section does a judicial authority refer parties to arbitration when an arbitration agreement exists?

What is the time limit set for filing written claims and defense before an arbitral tribunal?

Which body was established as part of the 2019 amendment to the Arbitration Act?

What is considered as an 'Arbitration Agreement' under the Arbitration Act?

'Composition of Arbitral Tribunal' is governed by which sections of the Arbitration Act?

'Sec-8 Power to Refer Parties to Arbitration' relates to which scenario?

'Arbitration' under the Arbitration Act refers to which type of arbitration?

What is the time limit set for filing written claim and defense before an arbitral tribunal?

What does an 'Arbitration Agreement' under the Arbitration Act mean?

According to the 2019 amendment, what key feature was established?

When does a judicial authority refer parties to arbitration if there is an arbitration agreement?

What is meant by 'Arbitration' under the Arbitration Act?

What is the purpose of Section 8 of the Arbitration Act?

What is the entitlement of the party complaining of a breach of contract, according to Section 74?

What does a person rightfully rescinding a contract become entitled to under Section 75?

In case of a breach where no actual loss is proven, what is the party entitled to under Section 74 of the Indian Contract Act?

Which Act came into effect on 25.01.1996 and was amended by Act 3 of 2016?

What is the primary purpose of arbitration in settling commercial disputes globally?

In estimating loss or damage from a breach, what must be considered according to the text?

What role does the conciliator play in the conciliation proceedings?

In the context of settlement agreements, what is the status and effect of such an agreement?

Under what section of the Arbitration and Conciliation Act can proposals for settlement be made by the conciliator?

What does the conciliator need to do when the parties reach an agreement on a settlement?

What is the legal status of a settlement agreement according to Sec-74 of the Arbitration and Conciliation Act?

What distinguishes a settlement agreement under Sec-73 from a regular contract under Indian law?

What is the key feature introduced by Act 33 of 2019?

Under which section of the Arbitration Act does the power exist to refer parties to arbitration when there is an existing arbitration agreement?

What does 'arbitration' mean under the Arbitration Act?

What is the time limit set for filing a written claim and defense before an arbitral tribunal?

Which section of the Arbitration Act governs the composition of the arbitral tribunal?

What is necessary for an arbitration agreement to be valid?

What is the maximum amount of reasonable compensation a party is entitled to receive according to Section 74 of the Arbitration and Conciliation Act?

What role does the conciliator play in the conciliation proceedings according to Sec-67?

In what year did the Arbitration and Conciliation Act come into effect?

What is the status and effect of a settlement agreement according to Sec-74?

What is the entitlement of a person who rightfully rescinds a contract according to Section 75 of the Arbitration and Conciliation Act?

Under Sec-73, when is a settlement agreement considered final and binding?

What does Section 1 of the Arbitration and Conciliation Act cover?

What is the effect of a settlement agreement under Sec-74 compared to an arbitral award?

What is one significant aspect of arbitration highlighted in the text?

According to Sec-66, what is a unique aspect about the conciliator's position?

Why is arbitration often preferred for settling commercial disputes quickly?

What distinguishes a settlement agreement according to Sec-73 from a regular contract?

What is one of the ways the conciliation proceedings can be terminated?

In the context of contracts, what is emphasized as a crucial aspect for various stakeholders?

What action is prohibited during conciliation proceedings regarding the dispute under consideration?

What can potentially change the contractual meaning of a complex business arrangement, as mentioned in the text?

What is a key aspect in managing a contractual relationship effectively?

What is the primary purpose of establishing the Arbitration Council of India?

What is the significance of the time restriction being removed for international commercial arbitrations?

Why is it important for an arbitration agreement to be in writing according to the text?

What does a Judicial authority need to do when an arbitration agreement exists and an action is brought before it?

What must be considered in estimating the loss or damage from a breach of contract?

What is a key aspect of the power granted by Section 8 of the Arbitration and Conciliation Act?

Under Section 74, what is a party entitled to receive when a contract is breached?

What is the entitlement of a person who rightfully rescinds a contract according to Section 75?

What came into effect on 25.01.1996 and was later amended by Act 3 of 2016?

Why has arbitration become a preferred option globally for settling commercial disputes?

What is the role of the conciliator according to Section 67 of the Arbitration and Conciliation Act?

Under Section 73 of the Arbitration and Conciliation Act, when is a settlement agreement considered final and binding?

How does a settlement agreement's status and effect compare to an arbitral award under Section 74 of the Arbitration and Conciliation Act?

What does Section 66 of the Arbitration and Conciliation Act state regarding the conciliator's adherence to certain laws?

Under Section 76 of the Arbitration and Conciliation Act, what is the role of a conciliator in making proposals for settlement?

What happens if a party initiating conciliation under Section 62 does not receive a reply within thirty days from the date of sending the invitation?

What is the status of an arbitration agreement in the event of a party's death?

What is the confidentiality requirement regarding arbitral proceedings according to Section 42A?

What is the consequence of rejecting an invitation to conciliate under Section 62 of the Arbitration Act?

What happens to the mandate of an arbitrator in case of the death of a party who appointed them?

What must be done if an arbitration award is not made within six months?

What does an arbitrator do if the parties settle the dispute during arbitral proceedings?

What is necessary for an arbitral award to have the same status as any other?

When can an arbitrator make an interim arbitral award?

What information must be included in an arbitral award unless agreed otherwise?

What is the significance of Sec-18 of the Arbitration and Conciliation Act?

Under Sec-19, what power is granted to the Arbitrator regarding the rules of procedure?

What does Sec-20 of the Arbitration and Conciliation Act relate to?

What is the main focus of Sec-23 regarding arbitral proceedings?

How does Sec-18 ensure fairness in arbitral proceedings?

What power does an Arbitrator have in determining the place of arbitration under Sec-20?

In what aspect does Sec-19 differ from Sec-18 regarding arbitral proceedings?

'Parties are free to agree on the procedure' is covered under which section of the Arbitration and Conciliation Act?

'Place of arbitration shall be determined by Arbitrator as appropriate considering circumstances' falls under which section?

What is the role of the conciliator according to Section 67 of the Arbitration and Conciliation Act?

How are proposals for a settlement made by the conciliator during conciliation proceedings?

What is the status of a settlement agreement as per Section 74 of the Arbitration and Conciliation Act?

How does the status of a settlement agreement under Section 74 compare to an arbitral award under Section 30?

What is the effect of parties signing a settlement agreement under Section 73 of the Arbitration and Conciliation Act?

What must be considered when estimating the loss from a breach of contract?

What is the entitlement of a party if a contract specifies a sum to be paid in case of breach?

What is the purpose of the Arbitration and Conciliation Act, 1996?

What is the effective date of the Arbitration & Conciliation Act, 1996, as per the text?

Under what conditions is a person entitled to compensation for damage due to non-fulfillment of a contract?

What is the key feature of the amendment made by Act 33 of 2019 to the Arbitration and Conciliation Act 1996?

In the context of arbitration agreements, what does 'Arbitration' refer to?

Under Section 8 of the Arbitration and Conciliation Act, what power does a judicial authority have regarding arbitration agreements?

What is the significance of an arbitration agreement being required to be in writing?

What type of disputes must an arbitration agreement cover according to the text?

How can conciliation proceedings be terminated according to the text?

What action should the parties abstain from during conciliation proceedings?

Why is it essential for a company to be careful with contractual details as emphasized in the text?

What can alter the meaning of a complex business arrangement?

What is highlighted as one of the challenges in managing contractual relationships?

What happens if an arbitral award is not made within six months?

What power does an arbitrator have in encouraging settlement during arbitral proceedings?

What must an Arbitration Award include according to the text?

What is the status and effect of an Arbitration Award on agreed terms compared to other awards?

When should an Arbitrator deliver a signed copy of the award to each party?

Can an arbitration agreement be discharged by the death of a party involved?

What happens if the party initiating conciliation under Section 62 does not receive a reply within thirty days from sending the invitation?

Which statement best reflects the confidentiality requirements under Section 42A of the Arbitration Act?

What is the consequence of rejecting an invitation to conciliate under Section 62 of the Arbitration and Conciliation Act?

What happens to the mandate of an arbitrator in case of the death of a party by whom they were appointed?

What power does the Arbitrator have under Sec-20 regarding the place of arbitration?

Under Sec-23, what must a claimant submit within the specified time period?

What power does the Arbitral tribunal have under Sec-19 regarding rules of procedure?

What is an essential aspect of conducting arbitral proceedings according to Sec-18?

In conducting proceedings, what does Sec-19 state regarding evidence?

What is the role of parties in determining the place of arbitration under Sec-20?

What freedom do parties have under Sec-19 regarding the procedure in arbitral proceedings?

'Claimant shall submit statement of facts supporting his claim and relief sought' refers to which section?

'Place of arbitration shall be determined by Arbitrator as appropriate considering circumstances' is specified in which section?

'Parties may submit all relevant documents along with their statements' is related to which section?