Supreme Court · 2021 INSC 417 · Decided 24 August 2021
Sepco Electric Power Construction Corporation v. Power Mech Projects LTD.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 417 · [2021] 12 S.C.R. 259
- Case number
- CIVIL APPEAL No. 4936/2021
- Decided
- 24 August 2021
- Bench
- INDIRA BANERJEE, V. RAMASUBRAMANIAN (2-judge bench)
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Arbitration Act Section 9, 37
Headnote
Arbitration and Conciliation Act, 1996 - ss. 9, 37 - Commercial Courts Act, 2015 - s.13(1A) - Reserve Bank of India Act, 1934 - Bank Guarantee from a 'schedule Bank' and a 'schedule Indian Bank' - The appellant, an entity in corporate contracts in relation to coal based power projects in India and the respondent, a company incorporated in India was engaged as a sub-contractor of the appellant -Dispute arose between the parties - Arbitration clause invoked - Arbitration Award was passed of approximately
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