Supreme Court · 2014 INSC 596 · Decided 4 September 2014
Oil & Natural Gas CORPORATION. LTD. v. Western Geco International LTD.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 596 · [2014] 12 S.C.R. 1
- Case number
- CIVIL APPEAL No. 3415/2007
- Decided
- 4 September 2014
- Bench
- T.S. THAKUR, C. NAGAPPAN, ADARSH KUMAR GOEL (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 34
Headnote
Arbitration and Conciliation Act, 1996 - s. 34 - Application B for setting aside of arbitral award-Award of contract in favour C of respondent by appellant-Corporation whereby vessa/ handed over to respondent for carrying modernization and upgradation work - Vessa/ could not appellant on the stipulated date - Payment made by appellant - Deduction of certain amount towards excess D engagement charges, change in tax law, correction for price charges inclusive of income tax - Disputes between parties, referred to arbitral tribunal - Tribunal holding that delay post
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