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Delhi High Court Sets Aside Arbitral Award in Highway Dispute: “Rewriting Contractual Terms Is Unacceptable,” Orders Reconsideration of Compensation Under Concession Agreement for Breach of Competing Roads Clause
Court’s Decision: The Delhi High Court set aside the portion of the arbitral award that rejected the petitioner’s claim for compensation under Article 35.4 of the Concession Agreement (CA). The…