#Market Rent

The Delhi High Court ruled that a landlord claiming damages for lost rent must first mitigate the loss and establish the prevailing market rent at the time of breach, failing which the claim under Section 73 of the Indian Contract Act fails. The decision affects landlords seeking compensation for tenant-induced utility theft, emphasizing the evidentiary burden on them.

Punjab & Haryana HC rules that mesne profits in tenancy disputes must be calculated based on current market rent, adjusted for inflation, rather than outdated receipts. The court upheld Rs. 10,500/month as fair compensation, emphasizing that non-payment automatically vacates eviction stays, reinforcing tenant accountability in pending appeals.