https://www.taxtmi.com/caselaws?id=167648 An arbitral award may be interfered with under Section 34 only on narrow grounds such as patent illegality, conflict with public policy, or clear excess of contractual authority, and an interim or partial award is valid if it finally decides the matters it covers. Delay and disruption claims, including overheads and loss of profit, may be awarded where the contract and the surrounding correspondence support a compensable delay dispute, and the tribunal may use recognised methods such as the Emden Formula to quantify loss. Exchange-related claims depend on the contract, while substitution or material-cost claims must stay within the agreed risk allocation. Pre-award and post-award interest may be granted, subject to contractual limits and judicial control. en-us Wed, 08 Sep 2004 00:00:00 +0530 Tue, 14 Apr 2020 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167648 An arbitral award may be interfered with under Section 34 only on narrow grounds such as patent illegality, conflict with public policy, or clear excess of contractual authority, and an interim or partial award is valid if it finally decides the matters it covers. Delay and disruption claims, including overheads and loss of profit, may be awarded where the contract and the surrounding correspondence support a compensable delay dispute, and the tribunal may use recognised methods such as the Emden Formula to quantify loss. Exchange-related claims depend on the contract, while substitution or material-cost claims must stay within the agreed risk allocation. Pre-award and post-award interest may be granted, subject to contractual limits and judicial control. Case-Laws Indian Laws Wed, 08 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167648