Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Principles Of Equity And Fairness Not Applicable To Commercial Matters, Relief Is Governed By Contract: Delhi High Court
The Delhi High Court has ruled that principles of equity and fairness do not apply to commercial matters where relief is governed strictly by contract terms. The court emphasized that in commercial disputes, the contractual agreement between parties dictates the relief available, rather than equitable considerations. This decision reinforces the importance of adhering to the contract's terms and conditions and limits the application of equity in commercial contexts.