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Supreme court: Contractual bar on interest for delayed payments excludes pre-reference interest
Supreme Court Ruling: Contractual restrictions on interest for payment delays do not include pre-reference interest. Case Title: North Eastern Electric Power Corporation Ltd. (NEEPCO) v. Astra Construction Pvt. Ltd. Coram: Justice P.S. Narasimha and Justice Alok Aradhe Citation: (2026) ibclaw.in 646 SC (Civil Appeal No. 13081 of 2026, decided on 22 September 2026) The Supreme Court has held that Clause 54 of the General Conditions of Contract (GCC) bars the grant of pre-refe
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