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Results of escalation price

Showing : 1-10 of 53 Results

SUPREME COURT OF INDIA

Year of decision: 2019
Details

Arbitration and Conciliation Act, 1996, Section 34 -- Arbitral award - Setting aside - Agreement regarding supply of coal - Claim of price adjustments/escalation - Arbitrator after interpreting various clauses of contract decided the claim in favour of appellant - High Court exceeded its jurisdiction in interfering with award passed by arbitrator on the ground that it was..........

SUPREME COURT OF INDIA

Year of decision: 2019
Details

Consumer Protection Act, 1986, Section 23 -- Allotment of flat - Delay in construction of allotted flat - Demand of escalated cost - Appellant granted interest to all allottees including respondent on money deposited based on size of flats in pursuance of its own decision - This has been granted despite of specific covenant contained in letter of allotment that no interest..........

SUPREME COURT OF INDIA

Year of decision: 2018
Details

Agreement to sell -- Specific performance - Mere escalation of price is no ground for interference in concurrent findings of Courts below granting decree...........

SUPREME COURT OF INDIA

Year of decision: 2018
Details

Indian Contract Act, 1872, Section 73 -- Breach of contract - Damages/compensation - Whenever, builder refuses to perform contract without valid justification, buyer is entitled for compensation as he is deprived of price escalation of flat - Every breach of contract gives rise to an action for damages - Such amount of damages must be proved with reasonable certainty...........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Arbitration and Conciliation Act, 1996, Section 34 -- Arbitration award - Setting aside - Escalation - Fluctuation of market rates not a sufficient ground to entertain a claim for escalation as per rates executed in the agreement - However, Arbitrator arrived at the conclusion that escalation of rates in question was based on statutory notification issued by Central..........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Arbitration Act, 1940, Section 30 -- Arbitral award - Work contract - Claim for price escalation - Board allowed completion of contract even beyond formal extended date - Provision of price escalation would not bind the claimant beyond scheduled date of completion - Having allowed the claimant to carry out the work much beyond the formal extended date, respondent cannot..........

SUPREME COURT OF INDIA

Year of decision: 2017
Details

Land Acquisition Act, 1894, Section 23 -- Acquisition of land - Compensation - Sale instances - Land acquired in 1973 - Sale deed of 1974 is not having similar characteristics as the land in question, thus rightly discarded by Courts below - However, land covered under sale deed of 1971 is approximately having similar dimension and are situated in the same village -..........

DELHI HIGH COURT

Year of decision: 2017
Details

Arbitration and Conciliation Act, 1996, Section 34, Sale of Goods Act, 1930, Section 64A -- Setting aside of award - Increase in price of diesel - No escalation clause in contract - Rejection of claim - Arbitrator overlooked S.64-A of Sale Of Goods Act - Increase in price of diesel which was a statutory increase had to be compensated - Award set aside - Cost compensated...........

PUNJAB AND HARAYANA HIGH COURT

Year of decision: 2016
Details

Agreement to sell -- Specific performance - Escalation of price - Not a ground to decline relief of specific performance...........

RAJASTHAN HIGH COURT

Year of decision: 2015
Details

Agreement to sell -- Specific performance - Escalation of price - Where plaintiffs have better case than defendants, specific performance of agreement cannot be denied merely on the ground of escalation of prices particularly when plaintiffs cannot be put to blame or any kind of loss or prejudice caused to defendants...........

Showing : 1-10 of 53 Results