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Arbitrator Failed To Consider Document Based On Procedural Defects, Delhi High Court Sets Aside Award - Vimarsana News

Arbitrator Failed To Consider Document Based On Procedural Defects, Delhi High Court Sets Aside Award

The High Court of Delhi has held that an arbitrator should not refuse to take on record any additional material evidence merely on the ground of certain procedural ground such as non-payment of...

Source: livelaw.in
Prolongation Compensation Can't Be Granted If The Contractor Didn't Reserve Claim For Compensation At The Time Of The EOT: Delhi High Court - Vimarsana News

Prolongation Compensation Can't Be Granted If The Contractor Didn't Reserve Claim For Compensation At The Time Of The EOT: Delhi High Court

The High Court of Delhi has held that no compensation can be awarded for the prolongation of the contract if the contractor did not reserve its right to such compensation at the time of the seeking...

Source: livelaw.in
Pre-Bid Forfeiture | Auction Authority Can't Claim Damages On "Guesstimates", Amount Must Be Established With Reasonable Certainty: Calcutta HC - Vimarsana News

Pre-Bid Forfeiture | Auction Authority Can't Claim Damages On "Guesstimates", Amount Must Be Established With Reasonable Certainty: Calcutta HC

The Calcutta High Court has recently held that damages being claimed by a party, must satisfy the threshold of credibility, and not be mere “guesstimates” made without legal basis. Petitioner was...

Source: livelaw.in
Vigilance Awareness Week 2023 Campaign at NMDC - Vimarsana News

Vigilance Awareness Week 2023 Campaign at NMDC

NL Corresspondent Hyderabad: NMDC, a prominent public sector company in India, conducted a training program as part of its Vigilance Awareness Week 2023 campaign. The program was led by the company’s Chief Vigilance Officer, B. Vishwanath (IRSS), who highlighted the role of the Central Vigilance Commission’s guidelines in achieving fair, ethical, and sustainable development. Speaking

SC refers to seven-judge bench to reconsider correctness of verdict on unstamped arbitration agreements - Vimarsana News

SC refers to seven-judge bench to reconsider correctness of verdict on unstamped arbitration agreements

The Supreme Court has referred the issue of unstamped arbitration agreements to a seven-judge bench for reconsideration. The court decided to review the verdict of a five-judge bench, which stated that unstamped agreements are not enforceable in law. The matter will be heard on October 11.