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Bombay High Court Sets Aside Arbitral Award for Claim of Idling Establishment Due to Prohibition Clause in Contract. Clause 17.3 of General Conditions of Contract Bars Compensation for Delay, Only Extension of Time Permissible.

The Union of India, through the General Manager, Western Railway, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, cha...