The court found the award to be “patently illegal and perverse”, stating that it lacked a proper basis for the quantification ...
The Delhi High Court overturned the 2019 arbitral award directing NTPC to pay Rs 1891 crore damages to Jindal ITF Ltd for ...
NTPC announced that in a contractual dispute between NTPC and Jindal ITF (JITF), an Arbitral Award was pronounced on 27 January 2019 for the disputes arising out of one of the infrastructure project ...
In its January 30 judgment, uploaded on Monday, a single bench of the HC ruled that the arbitral award was "patently illegal ...
Delhi HC on January 30 found the earlier passed arbitral award against NTPC was “patently illegal and perverse” and the ...
Malda: The mutilated body of a 20-year-old Malda girl, who studied engineering in Jharkhand's Dumka, was found by the Ganga in Farakka on Sunday, a week after she went missing. Father Debcharan ...
Delhi High Court Sets Aside Rs 1,891-Crore Arbitration Award Against NTPC, Cites 'Patent Illegality'
The high court noted that this is a case where the arbitral tribunal travelled much beyond the terms of the agreement.
An arbitral award against the National Thermal Power Corporation (NTPC) for Rs 1981 crore has been overturned by the Delhi High Court (HC). A single bench of the HC declared the arbitral verdict to be ...
Two more projects - NTPC Korba and NTPC Ramagundam - were cleared by the government in 1978. Another project in Farakka, West Bengal was cleared by the Indian government in 1979. NTPC began its ...
The International Farakka Committee (IFC) Bangladesh formed a new executive committee on Friday, appointing IFC coordinator Mostafa Kamal Majumder as President and Sayed Mahmud Hasan Mukut as General ...
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