Frontech — fake agreement and threatening the employees for money

Hi
I have a 2 year experience in data entry. Due to some medical issues i can't travel and work in the office. So i decided to work in online dara entry job. I've applied in internet (Quikr), frontech executive called in the next day. I'm okay with their project (10 days, 1500pages). I believe i won't make mistake in more than 50 pages. Today i received e-mail from frontech company. They said, you have to pay penality amount. Because you didn't complete the project successfully. And the e-mail says,

This intimation letter informs you that frontech has filed a case under the section of 73-74-75 of indian contract act 1872 for contract breach against you as under law that mention on the agreement that if you have not succeeded on your job or not completed then you have to pay the penalty amount.

Section 73. Imposes a duty on the party seeking damages to mitigate its loss,
Section 74. Compensation for breach of contract where penalty stipulated for when a contract has been broken,
Section 75. Party rightfully rescinding contract, entitled to compensation a person who rightfully rescinds a contract is entitled to consideration for any damage which he has sustained through the non-fulfillment of the contract.

Ipc section :-

Section-406-punishment for criminal breach of trust. — whoever commits criminal breach of trust shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

Section-406- break the trust of contract..

The above section are implement on you regarding you did not full-fill the terms and condition of your agreement..

So as you are not full fill the agreement rule, so that the company has take the help of legal proceeds for his compensation. So pay the amount as per agreement, so pay the amount as soon as possible to close your file, if the case being filed against you then you have in big loss of money for the legal procedure.