Bombay High Court Partially Upholds Arbitral Award in Construction Contract Dispute Between L&T and HPCL — Court Sets Aside Award on Claims for Extra Work and Interest, Upholds Claims for Refund of Liquidated Damages and Escalation. The court restored the arbitrator's award on refund of liquidated damages and escalation, holding that the Single Judge exceeded the limited scope of Section 34 of the Arbitration and Conciliation Act, 1996....
The case involves two appeals under Section 37 of the Arbitration and Conciliation Act, 1996, arising from a judgment of a learned Single Judge of the Bombay High Court dated 16 November 2005, which p...
