Supreme Court clarifies price adjustment formula in highway contracts: National Highway Authority of India vs. M/S. ProgressiveMVR (JV) (23 February 2018)

/ A.K. Sikri, Arbitration, Arbitration and Conciliation Act, 1996, Arbitration with Section 34, Ashok Bhushan, Contract Law, Interpretation of Contracts, Judges, Price Adjustment Clause

Supreme Court Clarifies Price Adjustment Formula in Highway Contracts Date of the Judgment: 23 February 2018 Citation: Civil Appeal No. 458 of 2018 Judges: A.K. Sikri, J., Ashok Bhushan, J. Can a contractual clause be interpreted in a way that leads to unrealistic price adjustments? The Supreme Court of India recently addressed this question in […]

Supreme Court clarifies price adjustment formula in highway contracts: National Highway Authority of India vs. M/S. ProgressiveMVR (JV) (23 February 2018) Read Post »