COMPARATIVE STUDY OF INDIAN CONTRACT ACT 1872 AND CISG ON THE LAW RELATING TO DAMAGES

Abstract

This paper provides a comprehensive understanding of the legal framework for damages under the
Indian Contract Act and the CISG, and aims to identify areas where the two regimes converge or diverge
in their approach to the award of damages. The objective of this comparative study is to analyze the similarities and differences
between the two legal frameworks in terms of the principles governing damages and their practical applications. The study
sheds light on the legal principles governing damages under the Indian Contract Act and CISG, providing valuable insights into
their application in practice. By identifying the similarities and differences between these two legal regimes, this study aims to
assist businesses and legal practitioners in understanding the implications of these laws on the resolution of disputes arising
from international commercial transactions.