In this video, members of our International Dispute Resolution and Investigations team discuss the Delhi High Court judgment of Cobra Instalaciones Y Servicios, S.A. & Shyam Indus Power Solution Pvt. Ltd. (J.V.) v Haryana Vidyut Prasaran Nigam Ltd., where the power of the arbitrator to employ “guesswork” and “rough and ready” methods to assess damages when precise quantification of losses is difficult, was upheld.
Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New Delhi, Munich and New York.