Refund of Liquidated Damages for Work Delay Cannot Be Interfered Under Section 37 of Arbitration Act: Rajasthan High Court
The Rajasthan High Court, Jaipur Bench, recently dismissed an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by Rajasthan Urban Infrastructures Development Project (RUIDP), challenging the arbitral award granted in favor of M/s National Builders, Baroda. The case revolved around a contractual dispute related to the widening and strengthening of Beawar Road, Ajmer, where significant delay in execution and financial recoveries became contentious. Contract details and…