https://www.taxtmi.com/caselaws?id=175147 An arbitral award was assessed against the project documents, concession agreement and traffic data to determine whether the Bharatpur-Deeg stretch formed part of the integrated toll project. The contractor was treated as entitled to collect toll on that stretch, but compensation could not be enlarged beyond the reference before the tribunal and had to remain within the contractual and statutory limits supported by the record. The reduction of interest from 18% to 10% was upheld as consistent with the prevailing interest regime. The remaining dispute on the effect of non-execution of the second project phase and the amount recoverable for the Bharatpur-Deeg stretch was remitted for limited reconsideration. en-us Thu, 21 Jul 2011 00:00:00 +0530 Fri, 13 Nov 2015 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175147 An arbitral award was assessed against the project documents, concession agreement and traffic data to determine whether the Bharatpur-Deeg stretch formed part of the integrated toll project. The contractor was treated as entitled to collect toll on that stretch, but compensation could not be enlarged beyond the reference before the tribunal and had to remain within the contractual and statutory limits supported by the record. The reduction of interest from 18% to 10% was upheld as consistent with the prevailing interest regime. The remaining dispute on the effect of non-execution of the second project phase and the amount recoverable for the Bharatpur-Deeg stretch was remitted for limited reconsideration. Case-Laws Indian Laws Thu, 21 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175147