https://www.taxtmi.com/caselaws?id=359850 A clear contractual bar against escalation or reimbursement for increased labour wages must be enforced according to its plain terms. The contract expressly excluded claims for wage increases arising from local factors or regulations, so statutory or governmental revisions during execution were not reimbursable. The High Court's attempt to read the clause with another provision was rejected because that provision dealt with a different subject and did not make the wage bar subordinate to it. The arbitral award allowing escalation on this head could not stand and was set aside. en-us Thu, 19 Apr 2018 00:00:00 +0530 Sat, 05 May 2018 08:41:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359850 A clear contractual bar against escalation or reimbursement for increased labour wages must be enforced according to its plain terms. The contract expressly excluded claims for wage increases arising from local factors or regulations, so statutory or governmental revisions during execution were not reimbursable. The High Court's attempt to read the clause with another provision was rejected because that provision dealt with a different subject and did not make the wage bar subordinate to it. The arbitral award allowing escalation on this head could not stand and was set aside. Case-Laws Indian Laws Thu, 19 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359850