Search Results for "Liquidated damages"

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Search Results for "Liquidated damages"

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Supreme Court

Supreme Court Upholds Termination but Sets Aside Blacklisting in Contract Dispute Due to Violation of Natural Justice. The termination was justified under Clause 59 of the General Conditions of Contract based on negligence evidence, but blacklisting under Rule 10 of the Contractor Registration Rules, 2012, was invalidated for lack of show-cause notice and application of mind.

2 Apr 2026

The dispute involved a contractor engaged by the Water and Sanitation Department of Jharkhand for constructing an Elevated Service Reservoir, where th...

Supreme Court

Supreme Court Upholds Termination but Sets Aside Blacklisting in Contract Dispute Due to Violation of Natural Justice. The termination was justified based on negligence and non-compliance with design, but blacklisting was invalidated for lack of specific show-cause notice and failure to adhere to audi alteram partem under Rule 10 of Contractor Registration Rules, 2012.

2 Apr 2026

The dispute involved a contractor engaged by the Water and Sanitation Department of Jharkhand for constructing an Elevated Service Reservoir. The cont...

High Court

High Court of Judicature at Bombay Dismisses Revenue's Appeal in Income Tax Deduction Case Under Section 80-IA(4). Tribunal's finding that assessee qualified as developer of infrastructure facilities for Srisailam and Koyna projects was upheld, as assessee undertook development work and transferred facility to government, meeting statutory criteria under Income-Tax Act, 1961.

11 Mar 2026

The dispute arose from appeals filed by the Revenue under Section 260A of the Income-Tax Act, 1961, challenging orders of the Income Tax Appellate Tri...

High Court

High Court Allows Appeal in Commercial Arbitration Case, Restoring Arbitral Award on Price Adjustment Claim. The Court held that the Commercial Court erred in re-appreciating evidence and interpreting contract clauses under Section 34 of the Arbitration and Conciliation Act, 1996, as the arbitral award was based on material evidence and not patently illegal.

2 Mar 2026

The dispute arose from a contract dated 09.07.2018 between the appellant, a contractor, and the respondent, the Deputy Commissioner of Dharwad Distric...

Supreme Court

Supreme Court Allows Bank's Appeal, Upholds Liquidated Damages Clause in Employment Contract. Clause requiring employee to pay Rs. 2 lakhs for resigning before three years held valid under Section 27 of Indian Contract Act, 1872, and not opposed to public policy.

14 May 2025

The Supreme Court allowed the appeals filed by Vijaya Bank and another against the judgment of the High Court of Karnataka which had quashed clause 11...

Supreme Court

Supreme Court Dismisses Appeal in Arbitration Case Upholding Liquidated Damages for Delay in Construction Contract. The Court Affirmed the Division Bench's Restoration of the Arbitral Award, Holding that Judicial Interference Under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 is Limited and the Award Was Valid Under the Indian Contract Act, 1872.

28 Apr 2025

The appeal arose from a construction contract dispute between Software Technology Parks of India (respondent) and M/s Consolidated Construction Consor...

Supreme Court

Arbitration – Liquidated Damages – Scope of Judicial Review under the Arbitration Act, 1940 – Interpretation of Contractual Terms – Performance Guarantees – Section 74 of the Indian Contract Act, 1872 – High Court’s Power to Set Aside Arbitral Awards.

14 Feb 2025

The Supreme Court dismissed the appeal, upholding the High Court’s finding that the claim of ₹68.15 lakhs was speculative and beyond the contract...

Supreme Court

Earnest Money Forfeiture – Contractual Obligations – One-Sided Agreements – Consumer Protection

3 Feb 2025

Forfeiture Clause – Valid But Limited to 10% of BSP – Contractual forfeiture of 20% BSP was excessive – Courts can interfere with unfair and one...

Supreme Court

Supreme Court Allows Appeals Against High Court Order in Electricity Transmission Dispute — CERC's Power to Grant Compensation Upheld. The Court held that the CERC's regulatory functions under Section 79 of the Electricity Act, 2003 include the power to grant compensation for delay, and such power is not subordinate to regulations under Section 178.

1 Jan 2025

The Supreme Court allowed the appeals filed by Power Grid Corporation of India Limited against the judgment of the Madhya Pradesh High Court, which ha...

Supreme Court

"Supreme Court Upholds Arbitration Award in OPG Power Case: Acknowledgment of Debt Extends Limitation Period, OPG and Gita Power Held Jointly Liable"

20 Sep 2024

The case of OPG Power Generation Pvt. Ltd. vs. Enexio Power Cooling Solutions India Pvt. Ltd. & Anr. revolves around a commercial dispute concerni...

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