Month: October 2025

Introduction Recently, the Hon’ble Supreme Court of India (“Supreme Court”) in the case of “Gyan Prakash Arya v. Titan Industries”, (“the Judgment”), considered the issue as to whether the power to allow the correction of an arbitral award, vested with…

INTRODUCTION The most commonly encountered claims, raised by Contractors against employers in a construction dispute are claims for ‘loss of profit’ (on account of unexecuted work) and ‘loss of profitability’ (on account of prolongation of the period of contract). Although…

Introduction In a welcome step towards ensuring that rights of Homebuyers remain protected, the Hon’ble Supreme Court of India vide an Order dated 14.02.2022 passed in Union Bank of India v. Rajasthan Real Estate Regulatory Authority Etc. (“SC Order”), inter…