Arbitrator Cannot Award Financing Charges Without Certification or Claims Based Solely on CA Certificates: Delhi High Court

The Delhi High Court has partly allowed an appeal filed by the Delhi Jal Board (DJB), setting aside an arbitral award regarding financing charges and additional costs for manpower and machinery (Claim 12A). The Division Bench, comprising Justice C. Hari Shankar and Justice Om Prakash Shukla, held that awarding claims based solely on Chartered Accountant

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now