CONTRACT LAW May (2026) CONTRACT LAW UPDATES AND JUDGMENTS
- 2 days ago
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The Court observed that under the contractual clause, the contractor was required to notify the Engineer-in-Charge within 30 days of imposition of any additional tax or levy, along with supporting details. It held that the award of simple interest at the rate of 9% by the arbitrator did not warrant interference within the limited scope of Section 34 of the Arbitration and Conciliation Act, 1996, as it was neither excessive nor unreasonable.

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