Supreme Court · 1988 INSC 94 · Decided 6 April 1988
Indian Oil Corporation v. Indian Carbon LTD.
- Court
- Supreme Court of India
- Citation
- 1988 INSC 94 · [1988] 3 S.C.R. 426
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 4557/1988
- Decided
- 6 April 1988
- Bench
- SABYASACHI MUKHERJI, S. RANGANATHAN (2-judge bench)
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Arbitration Act Section 30, 33, 34
Headnote
I I ,. _ c Arbitration Act, 1940: Sections 30 and 33-Award of Arbi-' trator-Reasoned Award-What is-Arbitration clause requiring \ arbitrator to give reasoned award-Whether arbitrator required to give 1- detailed reasons-Sufficiency of reasons depends on facts of the case- Court not to sit in coke by Petitioner to Respon­ dent there were three agreements, providing for sale, petitioner's right to shift raw petroleum coke at the risk and expense of the respondent in case of failure of Respondent to shift the same as agreed, and the D Respondent's liability to pay interest on the
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