Supreme Court Upholds Interest on Delayed Payments in Construction Contract: M/s. Oriental Structural Engineers Pvt. Ltd. vs. State of Kerala (22 April 2021)
Supreme Court Upholds Interest on Delayed Payments in Construction Contract: M/s. Oriental Structural Engineers Pvt. Ltd. vs. State of Kerala (2021) LEGAL ISSUE: Whether a contractor is entitled to interest on delayed payments for work done under a construction contract, specifically concerning the local currency component, when the contract specifies interest but leaves the interest […]