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EIL V TEMA SC Order by anand is a document available to read on EtoBox.

What is EIL V TEMA SC Order about?

The Supreme Court of India dismissed the Special Leave Petition filed by Engineers India Ltd. against Tema India Ltd., regarding a dispute over the interpretation of Clause-12 of their agreement related to delayed delivery. The court upheld the view of the High Court that Clause-12 was a price reduction clause rather than a liquidated damages clause, and that the Arbitrator had exceeded jurisdiction by interpreting it otherwise. Consequently, the court found no merit in the petition and dismissed it.

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anand

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EN