Supreme Court · 2007 INSC 896 · Decided 6 September 2007

Numaligarh Refinery LID. v. Daelim Industrial Company LID.

Court
Supreme Court of India
Citation
2007 INSC 896 · [2007] 9 S.C.R. 724
Case number
CIVIL APPEAL No. 4079/2007
Decided
6 September 2007
Bench
A.K. MATHUR, MARKANDEY KATJU (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Arbitration Act

Headnote

NUMALIGARH REFINERY LID. . .. v. DAELIM INDUSTRIAL COMPANY LID. SEPTEMBER 6, 2007 ' ~ I 1.L. : ~ •.. [A.K MATHUR AND MARKANDEY KA TJU,JJ.) Arbitration and Conciliation Act, 1996-Works contract between Government Undertaking and foreign company-:-Dispute during execution of C award partly upheld by High Court-On appeal held·' Order of High Court modified to the extent that claimant entitled to Rs.2 crores for substituted material, Rs. 8.9 crores for liquidity damages, Rs.0.2 crore as interest paid D on the delayed funds and 12 % interest pendente

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