Supreme Court of India
National Highway Authority of India v. M/s. Progressivemvr (jv)
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What the Court ordered
We hold that the principle of issue estoppel will apply only in those cases where matters have attained fina lity and no judicial proceedings are pending.
Judgment, page 30
From the headnote
Contract – NHAI Contracts – Price adjustment formula, ‘not e’ appended thereto – Interpretation of – Respondents- contractors awarded contracts by appellant-NHAI for constructio n of roads etc. – Tender document envisaged a ‘Price Adjustment for mulae – Sub-clause 70.3 of the Contract provided for the ‘a djustment formulae’ for calculating the price adjustment amount wherein the work is divided into seven components for which spe cific percentages were given to govern the price adjustment – However, such specific percentages were given only for 4 compo nents, and for rest three components
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