Proof Of Injury Suffered Necessary For Awarding Damages Towards Loss Of Profits In Arbitration Proceedings: Delhi HC [Read Judgment]

The Delhi High Court, on Tuesday, held that it is imperative for the claiming party to submit proof of injury suffered in order to successfully claim damages for loss of profits in an arbitration proceeding." That in arbitration proceedings, just as in civil cases, an injured party can claim damages, does not necessarily translate into an award for damages towards loss of profits unless...