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Performance Guarantee And Its Relevance In Infrastructure Projects -By Oyetola Muyiwa Atoyebi & Efe Iseghohime

It has become increasingly difficult to uphold obligations with the present economic situation of the world, especially in relation to capital-intensive projects and projects. How then can parties protect themselves? This is where performance guarantee comes in.
Efe Iseghohime Oyetola Muyiwa Atoyebi Dan Payton Corporate Team Law Firm Salawal Motor House Ltd

Arbitration: Courts Should Not Grant Injunction In Public Work Projects; Delhi High Court Reiterates Law

The Delhi High Court has ruled that in view of Sections 20A and 41(ha) of the Specific Relief Act, 1963 (SRA), the courts should grant no injunction relating to infrastructure projects where delay may...
Hari Ram Nagar Justice Chandra Dhari Singh Authority Of India Division Bench Of The Delhi High Court Roadway Solutions India Infra Ltd Panipat Jalandhar Pvt Ltd
Source: livelaw.in

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L&T Q4 PAT up 10 pc YoY at Rs 3,987 crore; board recommends Rs 24/share dividend; AM Naik to step down as non-exec chairman

Larsen & Toubro (L&T) reported a 10% YoY increase in profit after tax (PAT) of Rs 3,987 crore for the quarter ended March 31, 2023. The board approved a final dividend of Rs 24 per equity share. The engineering company's total consolidated PAT for FY23 was Rs 10,471 crore, a growth of 21%., Companies News, Times Now
Larsen Toubro Financial Services Oil Gas Mutual Fund Indian Hotels Company Citi Research

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