No Claim Certificate (NCC) Must Be Examined in the Context of Relevant Documents and the Covering Letter under Which It Is Issued
Case: IRCON International Limited v. GPT-Rahee JV
Coram: Hon’ble Mr Justice Vibhu Bakhru
Case No.: O.M.P. (COMM) 273/2021
Court Observation: “scope of interference on the ground of patent illegality under Section 34(2A) of the A&C Act does not extend to re-appreciating the material before the Arbitral Tribunal and re-adjudicating the disputes.”
“that the Indian Evidence Act, 1872 and the strict rules of evidence are inapplicable to arbitral proceedings”
“to take a view on the quality and sufficient of evidence”.
“did not raise any specific objection regarding the reasonableness of the expenditure as mentioned in the Certificate of the independent Chartered Accountant including the Statement of Expenses forming part of the said Certificate.”
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