Self-Induced Frustration Considered Breach of Contract, Promisor Must Disclose Inability to Fulfill Agreement: Telangana High Court
In a significant commercial dispute, the Calcutta High Court recently upheld an arbitral award of ₹5 Crores in favor of M/s Mechatronics Engineering Ltd., a contractor, who was denied proper notice when its contract was abruptly short-closed. The court held that the short-closure of the contract by the principal employer GTL Infrastructure Ltd., and the failure of its intermediary Eastern Infra Projects Pvt. Ltd. to inform Mechatronics, amounted to a…