Legal Question in Business Law in Singapore
Damaage/Loss Under Contract
How a damage or loss would be quantified - under what statute - in Singapore? Is loss of profit allowed as damage/loss?
Asked on 1/17/06, 4:10 am
1 Answer from Attorneys
Kaviraj Singh
India Law Firm
Re: Damaage/Loss Under Contract
award of damage or loss would be quantified based on the actual loss suffered by you and proved in the court as per evidence produced by the parties to th elitigation- under what statute - in Singapore - TORTS ? Is loss of profit allowed as damage/loss - YES
Answered on 1/17/06, 9:33 am