Limitation of contractual liability in Uzbekistan is possible and is recognised. However, legal provisions regulating limitation of liability are not very detailed and are mainly indirect. There are only a few clauses in the Civil Code and the Law on Contracts directly providing for the possibility to limit contractual liability.
The general rule under the above mentioned laws is that the guilty party (“Debtor”) must compensate the other party (“Creditor”) all damages caused by the breach of contract. The Civil Code also allows the Creditor to claim lost profits which were not received due to the Debtor’s failure to duly execute contractual obligations.
Article 325 of the Civil Code provides that the parties may limit c...