https://www.taxtmi.com/caselaws?id=198339 A claim for damages for breach of contract is not a "debt" within Section 2(6) of the Displaced Persons (Debt Adjustment) Act, 1951, because the provision covers an existing pecuniary liability, whether presently payable, future payable, or requiring ascertainment. Until compensation is adjudicated, there is only a right to sue for damages, not a pre-existing liability. The distinction between enforcement of an existing obligation and judicial creation of a damages liability is decisive, and Section 73 of the Contract Act does not change that position. The Tribunal therefore lacked jurisdiction. en-us Fri, 04 May 1956 00:00:00 +0530 Mon, 29 Jan 2018 16:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198339 A claim for damages for breach of contract is not a "debt" within Section 2(6) of the Displaced Persons (Debt Adjustment) Act, 1951, because the provision covers an existing pecuniary liability, whether presently payable, future payable, or requiring ascertainment. Until compensation is adjudicated, there is only a right to sue for damages, not a pre-existing liability. The distinction between enforcement of an existing obligation and judicial creation of a damages liability is decisive, and Section 73 of the Contract Act does not change that position. The Tribunal therefore lacked jurisdiction. Case-Laws Indian Laws Fri, 04 May 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198339