Supreme Court · 1998 INSC 422 · Decided 11 November 1998
State of U.P. v. Harish Chandra and CO.
- Court
- Supreme Court of India
- Citation
- 1998 INSC 422 · [1998] SUPP. 2 S.C.R. 660
- Case number
- CIVIL APPEAL No. 7643/1995
- Decided
- 11 November 1998
- Bench
- S.B. MAJMUDAR, S. SAGHIR AHMAD, K. VENKATASWAMI (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 30
Headnote
Arbitration Act, 1940 : c Sec. 29-Award of interest-Works contract-Claim for payment for the works done-Dispute-Arbitration-Award granting interest-Clause 1.9 of Special Conditions of Contracts stipulating that interest cannot be claimed for the amount lying with the Government due to any not covered under D the specified type of amount mentioned in Clause 1.9-Thus, the claim is not barred-Award of interest justified. Sec. 29-Power of Arbitrator to grant interest pendente lite-Held, Arbitrator has power and authority to grant interest even for pre-reference period after Interest
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