Contract Price. Unless otherwise
specifically stated in the Contract, the Contract Price shall cover all
its obligations under the Contract and all things necessary ... varied as a result of;
(A) Variations (except a Variation in respect of which an increase in
the Contract Price has been agreed or determined
cylinder which was pursuant to price variation clause in the contract, finalized at Rs. 575/- per cylinder giving rise to the said claim of refund ... contention of the appellants was that since there was price variation clause in the contract and the transactions had taken place on the basis
sales to
sister concerns and vice versa.
(3) Timing of contracts & price variation even among superior grades
Appellant that while the Commission observed the difficulties arising out of variations in contracted demand frequently, it failed to properly appreciate and give effect ... such cases. The Commission failed to consider that the frequent variations of contracted demand, more particularly in respect of large consumers, leads to stranding
perspective.
CEC-SOMA JV (Contract awarded by Delhi Metro Rail
Corporation (BC-16)}
5.33 CEC-SOMA JV worked on the Contract awarded by Delhi Metro ... basically any amount
charged which is over and above the original contract value. Variation
could be positive or negative. Negative variation is the reversal
waived his
protections under Section 133 of the Indian Contract Act, 1872,
against material variations in the loan terms.
By letters dated ... discharged of his liabilities even if there
is any variation in terms of contract or security documents.
45. In this regard, we have also seen
waived his
protections under Section 133 of the Indian Contract Act, 1872,
against material variations in the loan terms.
By letters dated ... discharged of his liabilities even if there
is any variation in terms of contract or security documents.
45. In this regard, we have also seen
contract, the contract price agreed is on a unit rate fixed
price basis during the currency of the contract as per clause
Page ... Contract. The fixed price contract insulated
the project from exchange rate fluctuations for the duration of
contract. The cost of exchange rate variation during
examination of records and data showed that
there were substantial variations in the actual contracted and consented
quantum of supplies affected by the CPPs ... both.
12.3) Hence, variations in the actual contracted and consented quantum of supply
affected the respective power generating companies which were basically
M.P. Mehrotra And Somesh Mehrotra vs Securities And Exchange Board Of India on 28
