Supreme Court · 2010 INSC 537 · Decided 20 August 2010
Sree Kamatchi Amman Constructions v. The Divisional Railway Manager (Works), Palghat & ORS.
- Court
- Supreme Court of India
- Citation
- 2010 INSC 537 · [2010] 10 S.C.R. 487
- Case number
- CIVIL APPEAL No. 6815/2010
- Decided
- 20 August 2010
- Bench
- R.V. RAVEENDRAN, H.L. GOKHALE (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 37(1), 34
Headnote
A B Interest - Award of - Contract - Arbitration - Award refusing interest for pre-reference period and pendente lite - C Propriety of - Held: Award of interest for such period was rightly denied by arbitral tribunal - General conditions of the contract between barred award of interest - In view of s. 37(1) of Arbitration and Conciliation Act, arbitral tribunal is bound by the terms of the contract and thus cannot D award interest for pre-reference period or pendente lite - Arbitration and Conciliation Act, 1996 - s. 37(1) - Contract. First
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