Arbitration and Conciliation Act

The National Highways Authority of India (NHAI) entered into a FIDIC‑based contract with M/s ITD Cementation for highway widening, which contained price‑adjustment clauses (70.1‑70.8) and a provision that all duties, taxes and levies existing 28 days before bid submission were to be included in the bid price. After the…

The Supreme Court was approached by a consortium of banks that had financed the Kundli‑Manesar‑Palwal Expressway project, seeking directions to ensure that the newly appointed concessionaire would assume the outstanding loan liabilities of the outgoing concessionaire. The Court noted that ordering such a variation of t…

The appellants were convicted under Section 138 of the Negotiable Instruments Act after a private complaint by Respondent No.2. While a revision petition was pending, the parties executed a Memorandum of Understanding (MoU) providing for amicable settlement or arbitration, and obligating Respondent No.2 to file a compr…