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    <title>2006 (5) TMI 442 - Supreme Court</title>
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    <description>An interim or partial arbitral award that finally determines some referred claims is valid under the Arbitration and Conciliation Act, 1996, and an omitted-claims additional award is maintainable. Arbitral determinations on delay, disruption, extra work, measurement methodology, exchange variation and substituted materials will generally stand where they are within jurisdiction, based on evidence, and not contrary to the contract or law; damages and profit claims may follow delay where time is not contractually essential. The award of pre-award and post-award interest is within arbitral power, though the rate may be moderated on equitable grounds. Interference is limited to the extent the award departs from contractual entitlement or exceeds legal limits.</description>
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      <link>https://www.taxtmi.com/caselaws?id=157003</link>
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