https://www.taxtmi.com/caselaws?id=197089 The court held that the respondents cannot recover the penalty and liquidated damages without adjudication by the Arbitral Tribunal/Court. It emphasized that compensation for breach of contract can only be awarded after proving actual loss suffered. The court highlighted the need for disputes to be resolved through the mechanism provided in the contract. Additionally, it discussed that damages for breach of contract must be proven and awarded to compensate for actual loss. The court quashed the communication allowing the writ petition and ruling in favor of the petitioner. en-us Tue, 09 Oct 2012 00:00:00 +0530 Tue, 26 Dec 2017 11:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197089 The court held that the respondents cannot recover the penalty and liquidated damages without adjudication by the Arbitral Tribunal/Court. It emphasized that compensation for breach of contract can only be awarded after proving actual loss suffered. The court highlighted the need for disputes to be resolved through the mechanism provided in the contract. Additionally, it discussed that damages for breach of contract must be proven and awarded to compensate for actual loss. The court quashed the communication allowing the writ petition and ruling in favor of the petitioner. Case-Laws Indian Laws Tue, 09 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197089