M/S Bharat Coking Coal Limited v. M/S Annapurna Cosntruction
Case brief
What is this about?
The High Court dismissed an arbitration appeal challenging an award where a contractor claimed losses due to delay. The court held that the arbitrator properly applied the Hudson's formula and was not required to award specific proof of lost profits, as the scope of interference under the Arbitration Act, 1940 is limited.
What did the court decide?
The arbitration appeal was dismissed; the amount deposited was directed to be released in favour of the claimant.