Search Results for "penalty waiver"

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Supreme Court Upholds Limitation of Liability Clause in Arbitration Case — Clause 49.5 Bars Damages for Employer Delay. Contractual prohibition on claiming damages for employer-caused delay held valid and enforceable under the Arbitration and Conciliation Act, 1996.

The dispute arose from a construction contract between M/s. C & C Constructions Ltd. (appellant) and IRCON International Ltd. (respondent) for buildin...

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High Court of Karnataka Allows Writ Petition Against Rejection of Karasamadhana Scheme Application for Waiver of Interest Under Karnataka Tax on Entry of Goods Act, 1979. The court quashed the orders rejecting the application for waiver of 90% interest arrears and directed reconsideration.

The petitioner, M/s. Raichur Power Corporation Ltd., filed writ petitions under Articles 226 and 227 of the Constitution of India challenging four sep...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Television Production Dispute — Rejects Claim for Loss of Reputation. Court upholds arbitral tribunal's finding that claimant failed to prove loss of reputation due to alleged breach of contract.

The petitioners, Star India Private Limited, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral ...