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1 - 10 of 11 (0.18 seconds)Section 23 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Section 34 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Section 3 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Section 4 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Section 12 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Section 21 in The Arbitration And Conciliation Act, 1996 [Entire Act]
Build India Construction System vs Union Of India (Uoi) on 7 May, 2002
23. Clause agreed between the parties makes it clear that any
variation even made without the consent of the co borrower, he cannot be
exonerated. The Hon'ble Supreme Court in (2002) 5 SUPREME COURT
CASES – 433 (BUILD INDIA CONSTRUCTION SYSTEM Vs. UNION
OF INDIA), has held that the contract may give one of the parties the
power to unilaterally vary the obligations under a contract, and if such
power can be spelled out from the terms of the contract, then the unilateral
11/14
https://www.mhc.tn.gov.in/judis/
O.P.Nos.871 to 875 of 2017
variation of obligation shall be binding on the other party.