High Court of Bombay Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996, Upholding Demurrage Claim. Interpretation of Clause 10(v) of Coal Supply Contract as Creating Primary Liability, Not Indemnity, and Binding Effect of Laytime Statement When No Disagreement Raised Within 30 Days Upheld.
21 Dec 2016The dispute arose out of a contract dated 18 September 1999 between Ultratech Cement Ltd. (appellant, formerly Larsen & Toubro Ltd.) and Sunfield Reso...
