Case Law Analysis
|Calcutta High Court
Minimum Guaranteed Offtake (MGO) Clause Enforceable Without Proof of Actual Loss | Section 34 Arbitration Act : Calcutta HC
Calcutta High Court rules that a Minimum Guaranteed Offtake (MGO) clause in a gas supply contract is enforceable without requiring proof of actual loss, reinforcing contractual liability for infrastructure cost recovery. The decision underscores that profitability concerns do not override agreed contractual obligations under the Arbitration and Conciliation Act.