Why Most Loss of Profit Claims Fail in Indian Arbitration?
Authors: Mr. Samir Malik (Partner), Mr. Mahip Singh (Associate Partner) and Ms. Ayushi Pandey (Associate) Loss of profit claims are among the most frequently pleaded heads of damages in Indian construction arbitration, and among the most consistently rejected. Despite prolonged delays, extensions of time, and employer-attributable breaches, contractors routinely fail to secure compensation under this head. The principal reason is both conceptual […]