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    <title>2001 (10) TMI 1156 - Supreme Court</title>
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    <description>An arbitral award will not be disturbed unless a patent error or error of law appears on its face; a court cannot reappreciate contractual construction merely because another view is possible. The damages clause was treated as a special contractual provision limiting recovery to the additional cost of substitute equipment and, where applicable, liquidated damages, so the ordinary measure under the Contract Act did not apply. The claimants also failed to prove substitute purchases linked to the short supply or any actual loss. On that basis, interference was refused and the damages claim was rejected.</description>
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      <title>2001 (10) TMI 1156 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=185476</link>
      <description>An arbitral award will not be disturbed unless a patent error or error of law appears on its face; a court cannot reappreciate contractual construction merely because another view is possible. The damages clause was treated as a special contractual provision limiting recovery to the additional cost of substitute equipment and, where applicable, liquidated damages, so the ordinary measure under the Contract Act did not apply. The claimants also failed to prove substitute purchases linked to the short supply or any actual loss. On that basis, interference was refused and the damages claim was rejected.</description>
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