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DELHI HIGH COURT
, CJ, DR. S.MURALIDHAR, J
Himachal Joint Venture – Appellant
Versus
Panilpina World Transport (India) Pvt. Ltd. – Respondent
| Table of Content |
|---|
| 1. appeal initiated against an arbitration award due to contract termination disputes. (Para 1 , 2 , 3) |
| 2. contractual obligations and arbitration agreements guide disputes and damage claims. (Para 4 , 5 , 6) |
| 3. expectation of profit defined as compensable in breaches of contract without proving actual loss. (Para 8 , 9 , 10) |
| 4. court affirms the arbitrator's analysis on contract execution. (Para 11 , 12 , 14) |
| 5. the appeal dismissed reaffirming the arbitration award. (Para 17 , 18) |
ORDER
1. Aggrieved by the judgment and order dated 11th January, 2008 of the learned single Judge dismissing the appellant's petition under Section 34 of the Arbitration and Conciliation Act, 1996 , the appellant has preferred the instant appeal seeking reversal thereof.
3. The disputes between the parties resulting from the termination of the contract were referred to arbitration. This Court vide order dated 15thMarch, 2004 appointed Justice Usha Mehra (Retd.) as the sole Arbitrator to resolve the disputes between the parties. The respondent filed a statement of claim before the learned Arbitrator in the sum of Rs.10,00,000/- towards cost incurred and for a sum of Rs.28,28,024/- (10% of the to
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