Supreme Court · 2001 INSC 291 · Decided 11 July 2001

Indu Engineering and Textiles LTD v. Delhi Development Authority

Court
Supreme Court of India
Citation
2001 INSC 291 · [2001] 3 S.C.R. 916
Case number
CIVIL APPEAL No. 12881/1996
Decided
11 July 2001
Bench
AJAY PRAKASH MISRA, D.P. MOHAPATRA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Arbitration Act Section 30

Headnote

Arbitration Act, 1940 Section 30-Arbitration-Award-lnte1ference by Court-Permissibility C of-Contract to supply hard-coke-Price escalation clause in agreement­ Subsequent denial of enhanced rate-Dispute-Arbitration-Award entitling enhanced price-Award made Rule of Court-On appeal, Division was a plausible one-Does not suffer from any manifest en·or or wholly . D improbable or perverse-Thus, High Court was not justified in setting aside the award. Arbitration Award on facts-/nteiference by Court-Permissibility of- Held, even if erroneous cannot be interfered with. /. E

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