Supreme Court · 2016 INSC 265 · Decided 16 March 2016
Union of India v. M/S. Amblca Construction
- Court
- Supreme Court of India
- Citation
- 2016 INSC 265 · [2016] 2 S.C.R. 810
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 11114/2009
- Decided
- 16 March 2016
- Bench
- RANJAN GOGOI, ARUN MISHRA, PRAFULLA C. PANT (3-judge bench)
- Outcome
- Reference answered
- Case type
- Civil
- Acts & sections cited
- CPC Section 34; Arbitration Act
Headnote
Arbitration Act,19./0: ss.3, 31 - Puwer of arbitrator to award pendente lite interest in case contract bars the same - Held: If contract expressly bars award of interest pendente lite, the same cannot be awarded by the Arbitrator -· Bar to award interest on delayed will not be readily inferred as express bar to award interest pendente lite by the Arbitrator as ouster. of power of Arbitrator has to be considered on various relevant aspects - The award of pendente lite interest inter alia must depend upon the overall intention of the agreement and what is
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