https://www.taxtmi.com/caselaws?id=255055 The HC held that the arbitral tribunal's reading of the contract was a plausible construction and did not suffer from patent illegality under Section 34. The fixed lump sum price was expressly subject to adjustment under the GCC, and clauses dealing with tax increases, duty exemptions, and tax waivers required the related benefit or refund to be passed on to the employer. Those special provisions could not be ignored or treated as redundant, and the tribunal was entitled to read the contract documents harmoniously. As the tribunal's view did not contradict the express terms, the court declined to interfere merely because another interpretation was possible, and the challenge to the award failed. en-us Mon, 05 Jan 2015 00:00:00 +0530 Wed, 07 Jan 2015 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255055 The HC held that the arbitral tribunal's reading of the contract was a plausible construction and did not suffer from patent illegality under Section 34. The fixed lump sum price was expressly subject to adjustment under the GCC, and clauses dealing with tax increases, duty exemptions, and tax waivers required the related benefit or refund to be passed on to the employer. Those special provisions could not be ignored or treated as redundant, and the tribunal was entitled to read the contract documents harmoniously. As the tribunal's view did not contradict the express terms, the court declined to interfere merely because another interpretation was possible, and the challenge to the award failed. Case-Laws Companies Law Mon, 05 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255055