P. Radhakrishna Murthy vs M/S. N.B.C.C. Ltd

The Supreme Court examined the appeal against the Karnataka High Court's judgment modifying the Arbitrator's award in favor of the contractor regarding claims under the contract with the National Buildings Construction Corporation Ltd (NBCC). The Court upheld the High Court's decision to set aside certain claims while affirming the contractor's entitlement to Rs. 9,01,871.53 with interest at 12% per annum from 28.12.1987. The Court emphasized the importance of adhering to the terms of the contract and the applicable Central Public Works Department (CPWD) rates in construction contracts, thereby reinforcing the legal principle of contractual obligations in public sector contracts.