https://www.taxtmi.com/caselaws?id=159713 The Supreme Court upheld the arbitrators' jurisdiction to interpret the contract and revise rates based on the overall contract value exceeding 20%. The validity of the non-speaking award was affirmed, emphasizing that errors in contract interpretation do not amount to jurisdictional errors. The Court also upheld the arbitrators' authority to award interest, citing established precedents. The appeal was dismissed, and the parties were directed to bear their own costs. en-us Thu, 15 Apr 1999 00:00:00 +0530 Mon, 21 Jul 2014 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159713 The Supreme Court upheld the arbitrators' jurisdiction to interpret the contract and revise rates based on the overall contract value exceeding 20%. The validity of the non-speaking award was affirmed, emphasizing that errors in contract interpretation do not amount to jurisdictional errors. The Court also upheld the arbitrators' authority to award interest, citing established precedents. The appeal was dismissed, and the parties were directed to bear their own costs. Case-Laws Companies Law Thu, 15 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159713