Supreme Court · 2022 INSC 884 · Decided 30 August 2022
Oil and Natural Gas Corporation LTD v. Afcons Gunanusa JV
- Court
- Supreme Court of India
- Citation
- 2022 INSC 884 · [2022] 10 S.C.R. 660
- Case number
- ARBITRATION PETITION No. 5/2022
- Decided
- 30 August 2022
- Bench
- D.Y. CHANDRACHUD, SANJIV KHANNA, SURYA KANT (3-judge bench)
- Outcome
- Disposed off
- Case type
- Arbitration
- Acts & sections cited
- Arbitration Act Section 11, 31, 31A, 38, 39
Headnote
Arbitration and Conciliation Act, 1996 - ss. 11, 31, 31A, 38 and 39 - Fourth Schedule - Arbitrators' Fees - Whether the arbitrator(s) are entitled to unilaterally determine their own "sum in dispute" in the Fourth Schedule to the Arbitration Act means the cumulative total of the amounts of the claim and counterclaim - Whether the ceiling of Rs 30,00,000 in the entry at Serial No 6 of the Fourth Schedule of the Arbitration Act is applicable only to the
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