https://www.taxtmi.com/caselaws?id=294972 The Arbitrator dismissed the preliminary objections regarding the undertaking and No Claim Certificate. Various claims were allowed, including for security deposit, interest on retention money, illegal withholding for insurance policy, consumables for DG set, and balance payment for civil and electrical works. Counterclaims for defective execution of works, costs due to roof collapse, delay in completion, loss due to non-commissioning of sub-station, damage to DG set, defamation, and legal expenses were dismissed. The final judgment awarded a reduced amount of Rs. 97,51,517/- with interest at 12% per annum, and each party bears its own costs. en-us Wed, 02 Sep 2015 00:00:00 +0530 Thu, 13 May 2021 08:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294972 The Arbitrator dismissed the preliminary objections regarding the undertaking and No Claim Certificate. Various claims were allowed, including for security deposit, interest on retention money, illegal withholding for insurance policy, consumables for DG set, and balance payment for civil and electrical works. Counterclaims for defective execution of works, costs due to roof collapse, delay in completion, loss due to non-commissioning of sub-station, damage to DG set, defamation, and legal expenses were dismissed. The final judgment awarded a reduced amount of Rs. 97,51,517/- with interest at 12% per annum, and each party bears its own costs. Case-Laws Companies Law Wed, 02 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294972