Supreme Court Upholds Arbitral Award Rejecting Contractor’s Claims: Holds Clause 49.5 of GCC Validly Bars Damages for Employer-Caused Delays, Estoppel Prevents Appellant From Reneging on Written Undertakings, and Judicial Intervention Under Section 37 Arbitration Act is Limited
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Supreme Court Upholds Arbitral Award Rejecting Contractor’s Claims: Holds Clause 49.5 of GCC Validly Bars Damages for Employer-Caused Delays, Estoppel Prevents Appellant From Reneging on Written Undertakings, and Judicial Intervention Under Section 37 Arbitration Act is Limited

Court’s Decision The Supreme Court dismissed the appeal against the Delhi High Court’s decision, which upheld an arbitral award rejecting the appellant’s monetary claims. The Court ruled that Clause 49.5…
February 3, 2025