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Supreme Court Dismisses Appeal by State Undertaking in BOT Arbitration Dispute, Upholds Arbitral Award on Termination Payment. Court Reiterates Limited Scope of Judicial Interference Under Sections 34 and 37 of Arbitration and Conciliation Act, 1996, Emphasizing Finality of Arbitral Awards.

The Supreme Court dismissed the appeal filed by Madhya Pradesh Road Development Corporation Ltd. (MPRDC) against the judgment of the Madhya Pradesh Hi...

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Madras High Court Allows Revision Petition Challenging Return of Section 34 Petition for Lack of Jurisdiction — Holds That Exclusive Jurisdiction Clause in Contract and Prior Section 9 Filing at Salem Confer Jurisdiction on Salem Courts Under Section 42 of Arbitration and Conciliation Act, 1996.

The revision petitioner, Waterbury Farrel, a division of Magnum Integrated Technologies Inc., Canada, filed Arb.O.P.No.103 of 2019 before the Principa...

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Bombay High Court Dismisses Petitioner's Challenge to Tender Cancellation in Public Works Contract. Court holds that cancellation due to lack of competition and failure to meet essential conditions is valid and does not require prior notice to bidders.

The petitioner, Waterfront Constructions Private Limited, challenged the cancellation of a tender issued by the respondent authorities for a public wo...

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Bombay High Court Dismisses Petitions Challenging Termination of Highway Construction Contracts for Non-Compliance with Contractual Conditions. Court upholds termination based on failure to achieve prescribed milestones and maintain financial solvency under the National Highways Act, 1956.

The judgment involves two writ petitions filed by construction companies challenging the termination of contracts awarded by the Ministry of Road Tran...