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Performance Security Cannot Be Retained After Acknowledgement Of Due Performance : Delhi High Court

Performance Security Cannot Be Retained After Acknowledgement Of Due Performance : Delhi High Court

The Delhi High Court has ruled that there is no principle in law whereby a party could be permitted to retain the Performance Security after it had acknowledged due performance of a contract.The...

5 April 2022 4:11 AM GMT
Limitation Period For Seeking Appointment Of Arbitrator Commences After Expiry Of 30 Days From Issuance Of Notice Invoking Arbitration: Delhi HC

Limitation Period For Seeking Appointment Of Arbitrator Commences After Expiry Of 30 Days From Issuance Of Notice Invoking Arbitration: Delhi HC

The Delhi High Court has held that the Limitation period of 3 years for seeking Appointment of Arbitrator commences from the date of expiry of 30 days period, reckoned from date of issuance of the...

25 Jan 2022 4:52 AM GMT