In Indian contract law, the case of Fateh Chand v. Balkishan Das (1963) is often cited to determine
The validity of liquidated damages clauses.
The validity of unliquidated damages.
The validity of penalty.
None of the above
The above case is often cited to determine the validity of liquidated damages.The court emphasized that a clause specifying a sum to be paid in case of a breach is not a penalty if it represents a genuine pre-estimate of damages. Hence correct option is a.