https://www.taxtmi.com/caselaws?id=287981 The SC held that a commercial contract must be construed according to its language, context, surrounding correspondence, and course of dealing, and not by importing an external statutory definition. On that approach, the expression "fuel" in the amended power purchase agreement was confined to natural gas in its natural form; RLNG was not treated as synonymous with natural gas, and occasional permissive use in exceptional circumstances did not expand the contractual meaning or amount to waiver. The appellate tribunal's contrary view was set aside and the commission's interpretation of the contract was restored. en-us Fri, 16 Feb 2018 00:00:00 +0530 Wed, 13 May 2020 09:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287981 The SC held that a commercial contract must be construed according to its language, context, surrounding correspondence, and course of dealing, and not by importing an external statutory definition. On that approach, the expression "fuel" in the amended power purchase agreement was confined to natural gas in its natural form; RLNG was not treated as synonymous with natural gas, and occasional permissive use in exceptional circumstances did not expand the contractual meaning or amount to waiver. The appellate tribunal's contrary view was set aside and the commission's interpretation of the contract was restored. Case-Laws Indian Laws Fri, 16 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287981