Article 24. Responsibility of the parties for non-fulfillment or inadequate execution of business contracts

On contracting and legal basis of activity of business entities (670-I-son) · Date: 29.08.1998 · In force

In case of non-fulfillment or improper fulfillment of contractual obligations by one of the parties, the relevant party shall:

indemnify the other party for damages;

bear other responsibility in the manner prescribed by the Civil Code of the Republic of Uzbekistan, as well as the given Law, other legislative acts and the contract.

Articles 25 — 32 of this Law are applied as penalty for the non-performance and improper performance of business contracts, unless otherwise provided by legislation or the contract.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4403244

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Cite as: Article 24. Responsibility of the parties for non-fulfillment or inadequate execution of business contracts On contracting and legal basis of activity of business entities (670-I-son). neolex.uz/en/laws/law-10872/24 (lex.uz/docs/4403244)