https://www.taxtmi.com/caselaws?id=186810 Clause 2.03 was construed to permit escalation in the extended contractual period only by reference to statutory wage revisions already in force when that period commenced; later revisions granted retrospectively were outside the contractual allowance. On that interpretation, the escalation component was inadmissible and could not be awarded in direct contradiction of the contract. The award was nevertheless severable because the invalid escalation claim was independent of the balance due under the final bill, and the limitation defence to that balance was not pressed. The valid part of the award was therefore sustained, while only the escalation component was set aside, with interest maintained on the admissible claim. en-us Wed, 07 Jul 2010 00:00:00 +0530 Sat, 01 Oct 2016 12:17:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186810 Clause 2.03 was construed to permit escalation in the extended contractual period only by reference to statutory wage revisions already in force when that period commenced; later revisions granted retrospectively were outside the contractual allowance. On that interpretation, the escalation component was inadmissible and could not be awarded in direct contradiction of the contract. The award was nevertheless severable because the invalid escalation claim was independent of the balance due under the final bill, and the limitation defence to that balance was not pressed. The valid part of the award was therefore sustained, while only the escalation component was set aside, with interest maintained on the admissible claim. Case-Laws Indian Laws Wed, 07 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186810