Supreme Court of India · 2006-12-11
Ramnath International Construction ... vs Union Of India (Uoi) And Anr.
- Citation / case number
- AIR 2007 SUPREME COURT 509
- Court
- Supreme Court of India
- Petitioner
- Ramnath International Construction ...
- Respondent
- Union Of India (Uoi) And Anr.
- Author
- H.K. Sema
- Bench
- H.K. Sema, R.V. Raveendran
Judgment text excerpt
The Supreme Court examined the validity of the Madras High Court's judgment regarding arbitration awards related to two construction contracts. The Court held that the Arbitrator's awards, which included claims for escalation in materials and labor, loss of profit, and additional compensation, were justified as the delays were partly due to the employer's defaults. The Court upheld the Single Judge's decision rejecting the applications to set aside the awards, thereby affirming the awards made by the Arbitrator under the Arbitration and Conciliation Act, 1996.