In AHLUWALIA CONTRACT (INDIA) LIMITED vs UNION OF INDIA, the Delhi High Court held that it is imperative for the claiming party to submit proof of injury suffered in order to successfully claim damages for loss of profits in an arbitration proceeding.
The Court, while rejecting the evidences supplied by the Appellants supporting their claim of losses incurred as not worthwhile, opined that damages claimed cannot be granted as a matter of course; some material evidence is necessary.
Article referred: http://www.livelaw.in/proof-injury-suffered-necessary-awarding-damages-towards-loss-profits-arbitration-proceedings-delhi-hc-read-judgment/
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