https://www.taxtmi.com/caselaws?id=326687 The Supreme Court upheld the Arbitral Tribunal's decision regarding the reimbursement of additional costs under Clause 70.8 of the Conditions of Particular Application (COPA) in a construction contract. The Court affirmed the Tribunal's jurisdiction in interpreting contract terms and resolving disputes, emphasizing minimal judicial interference in contractual matters. The decision reinforced the obligation to cover increased costs resulting from legislative changes, underscoring the enforceability of contract terms in construction agreements. en-us Mon, 18 Apr 2016 00:00:00 +0530 Tue, 20 Sep 2016 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326687 The Supreme Court upheld the Arbitral Tribunal's decision regarding the reimbursement of additional costs under Clause 70.8 of the Conditions of Particular Application (COPA) in a construction contract. The Court affirmed the Tribunal's jurisdiction in interpreting contract terms and resolving disputes, emphasizing minimal judicial interference in contractual matters. The decision reinforced the obligation to cover increased costs resulting from legislative changes, underscoring the enforceability of contract terms in construction agreements. Case-Laws Service Tax Mon, 18 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326687