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The State of Madhya Pradesh vs. M/S Sew Construction Limited & Ors [Civil Appeal No. 8571/2022] If the contractual clause permits escalation costs subject to certain conditions, no claim is admissible if the conditions are not satisfied RELEVANT PARAGRAPH 22. A contractual clause which provides for the finality of rates quoted by the Contractor and

If the contractual clause permits escalation costs subject to certain conditions, no claim is admissible if the conditions are not satisfied Read More »

Section 34 of the SARFAESI Act does not bar the jurisdiction of civil court in a suit for damages or compensation Mrs. Leelamma Mathew vs. M/s Indian Overseas Bank & Ors. [Civil Appeal No. 7128 of 2022] RELEVANT PARAGRAPH 5.2 Now so far as the submission on behalf of the plaintiff and the finding recorded by the High Court that the suit was barred by

Section 34 of the SARFAESI Act does not bar the jurisdiction of civil court in a suit for damages or compensation Read More »

Principals on fixation of fee of the arbitral tribunal – SC Oil and Natural Gas Corporation Ltd. vs. Afcons Gunanusa JV [Arbitration Petition (Civil) No. 05 of 2022] RELEVANT PARAGRAPH 35. It will now be appropriate to summarize the legal position as under: (a) The arbitral tribunal is bound by the fee or remuneration fixed

Principals on fixation of fee of the arbitral tribunal – SC Read More »

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