Bombay High Court Partially Sets Aside Arbitral Award in Construction Contract Dispute — Holds That Arbitral Tribunal Erred in Rejecting Claims Without Proper Consideration of Contractual Provisions and Evidence. The court found that the tribunal's interpretation of the price variation clause, extra items, and compensation for delay was perverse and contrary to the plain language of the contract, warranting interference under Section 34 of the Arbitration and Conciliation Act, 1996.
17 Jan 2019The petitioner, Chenab Bridge Project Undertaking, a joint venture contractor, was awarded a construction contract by the respondent, Konkan Railway C...
