https://www.taxtmi.com/caselaws?id=286332 The SC dismissed the appeal, affirming the NCDRC's decision that the currency conversion rate for compensation under the insurance contract should be based on the shipment date, as per Clause 17. The respondent complied by paying the amount calculated accordingly. This judgment underscores the necessity for executing courts to adhere strictly to the terms of decrees and underlying contracts. en-us Fri, 18 May 2018 00:00:00 +0530 Thu, 14 Nov 2024 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286332 The SC dismissed the appeal, affirming the NCDRC's decision that the currency conversion rate for compensation under the insurance contract should be based on the shipment date, as per Clause 17. The respondent complied by paying the amount calculated accordingly. This judgment underscores the necessity for executing courts to adhere strictly to the terms of decrees and underlying contracts. Case-Laws Indian Laws Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286332