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Supreme Court Dismisses NHAI Appeal in Highway Construction Contract Dispute. Arbitral Award for Additional Costs and Embankment Work Upheld as Not Patently Illegal.

The appellant, National Highways Authority of India (NHAI), awarded a contract to the respondent for construction of the Allahabad Bypass Project. Dis...

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Supreme Court Dismisses Appeal Against Tender Cancellation in Public Procurement Case — State's Decision to Cancel Tender Upheld as Not Arbitrary Under Article 14 of the Constitution.

The appeal arose from a High Court order dismissing a writ petition challenging the cancellation of a tender by the State. The appellant, a bidder, co...

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Supreme Court Allows Appeal in Part in Foreign Currency Arbitral Award Enforcement Case. Twin Principles Laid Down: Date of Enforceability for General Conversion, Date of Deposit for Amounts Deposited in Court.

The Supreme Court addressed the issue of the correct date for converting a foreign currency arbitral award into Indian rupees for enforcement. The app...

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High Court of Bombay Dismisses Appeal Against Remission of Arbitral Award for De Novo Consideration Due to Jurisdictional Error. Arbitrator Exceeded Jurisdiction by Entertaining Claims Not Raised Before Chief Engineer and Commissioner Under Contractual Pre-Arbitration Procedure.

The appellant, Biwater Penstocks Ltd., a UK-based company, entered into a contract with the Municipal Corporation of Greater Bombay (first respondent)...

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Bombay High Court Quashes CIDCO's Tender Cancellation as Arbitrary and Unreasonable. Petitioner's Highest Bid Accepted After 21 Months, Cancellation Without Justification Violates Article 14.

The petitioner, Bhagwati Akshar Empire LLP, participated in an e-auction conducted by the City and Industrial Development Corporation of Maharashtra L...

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Madras High Court Division Bench Hears State Appeals Against Single Judge Order Quashing Development Charge Deduction. The Single Judge had declared that applying a blanket 33.33% deduction towards development charges in land acquisition compensation awards was impermissible without justification.

The High Court of Judicature at Madras heard three connected writ appeals filed by the State of Tamil Nadu and its officials against a common order da...

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High Court of Judicature at Bombay Adjudicates Company Petition for Winding Up Over Unpaid Derivative Transaction Debts. The Petitioner Bank Claimed Rs.8.74 Crores from the Respondent Company Following Defaults on Forex Options Margin Calls Under ISDA Master Agreement.

The litigation stems from a company petition filed by HDFC Bank Ltd. under the provisions of the Companies Act, 1956 seeking winding up of Rohan Dyes ...