https://www.taxtmi.com/caselaws?id=195358 The SC set aside the arbitrator's awards for the contractor's claims regarding delay in mobilization advance and compensation for idle machinery. The contractor's claims for payments and refunds totaling Rs. 1,34,24,407/- were upheld, with interest reduced to 9% per annum. The award for the employer's counter-claim regarding mobilization advance was upheld, including 18% interest. Rejections of other contractor claims and employer counter-claims were affirmed. Each party was directed to bear its own costs, and the employer was instructed to release the title deeds after adjustments. en-us Wed, 22 Apr 2009 00:00:00 +0530 Sun, 10 Dec 2023 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195358 The SC set aside the arbitrator's awards for the contractor's claims regarding delay in mobilization advance and compensation for idle machinery. The contractor's claims for payments and refunds totaling Rs. 1,34,24,407/- were upheld, with interest reduced to 9% per annum. The award for the employer's counter-claim regarding mobilization advance was upheld, including 18% interest. Rejections of other contractor claims and employer counter-claims were affirmed. Each party was directed to bear its own costs, and the employer was instructed to release the title deeds after adjustments. Case-Laws Indian Laws Wed, 22 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195358