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    <title>2001 (10) TMI 1156 - Supreme Court</title>
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    <description>The Supreme Court upheld the Arbitral Tribunal&#039;s decision that the breach of contract was by the respondents, dismissing the petitioners&#039; claim for damages and interest. The High Court affirmed the arbitrators&#039; ruling, emphasizing that objections cannot be sustained unless there is an evident error of fact or law in the award. The petitioners&#039; appeal contended misinterpretation of the contract clause, but the Supreme Court held that courts cannot intervene unless a clear legal error is present, ultimately dismissing the petitions and awarding costs to the respondents.</description>
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    <pubDate>Tue, 09 Oct 2001 00:00:00 +0530</pubDate>
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      <title>2001 (10) TMI 1156 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=185476</link>
      <description>The Supreme Court upheld the Arbitral Tribunal&#039;s decision that the breach of contract was by the respondents, dismissing the petitioners&#039; claim for damages and interest. The High Court affirmed the arbitrators&#039; ruling, emphasizing that objections cannot be sustained unless there is an evident error of fact or law in the award. The petitioners&#039; appeal contended misinterpretation of the contract clause, but the Supreme Court held that courts cannot intervene unless a clear legal error is present, ultimately dismissing the petitions and awarding costs to the respondents.</description>
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      <pubDate>Tue, 09 Oct 2001 00:00:00 +0530</pubDate>
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