Supreme Court Upholds Majority Arbitration Award in Contract Dispute. The court confirmed the majority award of Rs.29.76 crore to DIC, emphasizing the contractual obligation of DIC to bear all taxes and duties....
The dispute arose between Numaligarh Refinery Limited (NRL) and Daelim Industrial Company (DIC) regarding a contract for the construction of a Cogeneration Captive Power Plant. NRL, a government under...




