ValkyaEditorial

Tagged “electricity-law”

1 article on electricity-law.

Supreme CourtSupreme Court of India

Nabha Power v. PSPCL: the five-condition test for implying terms into a contract

Deciding a coal-cost dispute under a 25-year power purchase agreement, the Supreme Court canvassed the officious-bystander and business-efficacy doctrines and endorsed the five-condition 'penta-test' for implying terms into commercial contracts — while cautioning that courts do not rewrite the bargains of sophisticated parties.

Valkya Editorial··8 min