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What is Dyna Tech v. Crompton Greaves Arbitration Ruling about?

The Supreme Court of India decided on a civil appeal involving Dyna Technologies Pvt. Ltd. and Crompton Greaves Ltd. regarding an arbitration award related to compensation for losses due to premature contract termination. The Court found that the arbitral award lacked sufficient reasoning, leading to its annulment by the High Court, which was contested by the Appellant. Ultimately, the Supreme Court directed the Respondent to pay a sum to the Appellant in full and final settlement, emphasizing the importanc

Author

bedi.james

Language

EN