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What is ATECS Capital Fraud Case Review about?

The Supreme Court of India heard an appeal regarding a contract dispute between an engineering company and the National Highways Authority of India (NHAI). The contract involved construction of a highway and included a price adjustment clause. Issues arose when the index used to calculate price adjustment changed from one series to another. The majority of an arbitral tribunal and the Dispute Adjudication Board applied a NHAI circular connecting the two series, but the company appealed arguing the circular

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Latest Laws Team

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