Supreme Court · 2022 INSC 735 · Decided 20 July 2022
Indian Oil Corporation Limited v. NCC Limited
- Court
- Supreme Court of India
- Citation
- 2022 INSC 735 · [2022] 13 S.C.R. 660
- Case number
- CIVIL APPEAL No. 341/2022
- Decided
- 20 July 2022
- Bench
- M.R. SHAH, B.V. NAGARATHNA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 11(6), 11
Headnote
Arbitration and Conciliation Act, 1996 - ss.11(6), 11(6-A), 16 - High Court in exercise of powers u/s.11(6) appointed the Arbitrators to adjudicate and resolve the disputes between the parties arising out of the respective contracts - Correctness w.r.t 'accord and satisfaction' of claims is seriously disputed and is debatable - Whether, in view of the acceptance of Rs.4,53,04,021/- by the respondent which was released by petitioner on the offer/letter made by the respondent there is an instance of 'accord and
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