Supreme Court · 2025 INSC 523 · Decided 21 April 2025
Larsen and Toubro Limited v. Puri Construction PVT. LTD. and Others
- Court
- Supreme Court of India
- Citation
- 2025 INSC 523 · [2025] 4 S.C.R. 2811
- Case number
- CIVIL APPEAL No. 2575/2016
- Decided
- 21 April 2025
- Bench
- ABHAY S. OKA, PANKAJ MITHAL (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 73; Arbitration Act Section 34, 37
Headnote
In petition u/s.34, Arbitration and Conciliation Act, 1996, Single Judge had set aside the Arbitral Award. Division Bench in appeal thereagainst u/s.37, Arbitration Act by way of the impugned judgment, inter alia upheld the dismissal of L&T's counter-claim findings of the Arbitral Tribunal that the Supplementary Agreement was a non-starter as it was vitiated by economic duress; that the Development Agreement was not novated by the Supplementary Agreement; that L&T committed fundamental breach of the Development Agreement. The operative part of
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