RAMNATH INTERNATIONAL CONSTRUCTN.PVT.LTD vs UNION OF INDIA

The Supreme Court examined the legality of the Madras High Court's judgment regarding two contracts awarded to the appellant for construction work, which were subject to arbitration. The Court upheld the arbitrator's awards, emphasizing that delays in project completion were partly due to the employer's breaches, thus validating the claims for escalation and loss of profit. The Court affirmed the lower court's decisions, rejecting the respondent's appeals against the arbitration awards.