HABIB BANK LIMITED vs MEHBOOB RABBANI S — 2023 PLC(CS) 891 SUPREME-COURT

Case information

Citation: 2023 PLC(CS) 891 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2023
Reporter: PLC
Parties: HABIB BANK LIMITED vs MEHBOOB RABBANI S
Provisions referred to: S. 73---B

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

HABIB BANK LIMITED VS MEHBOOB RABBANI S. 73---Breach of contract---Damages, award of---Purpose and scope---Damages are costs that are imposed not as a deterrent or as a means to punish person(s) or party(s) who has/have breached a contract but instead to bring the person(s) or party(s) who has/have suffered from the breach of contract into a position which they would have been had the breach of contract not accrued---Said principle is known as the principle of restitutio in integrum (restoration to original condition)---It therefore stands to reason that damages are in fact the compensation that the law awards when a breach of contract occurs as compensation for the loss that a person or party has suffered from a breach of contract.

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