Supreme Court · 1974 INSC 51 · Decided 12 March 1974
Union of India v. Raman Iron Foundry
- Court
- Supreme Court of India
- Citation
- 1974 INSC 51 · [1974] 3 S.C.R. 556
- Case number
- CIVIL APPEAL No. 1330/1973
- Decided
- 12 March 1974
- Bench
- P.N. BHAGWATI, P.K. GOSWAMI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act; Arbitration Act Section 20
Headnote
Indian Arbitration Act (10of1940), s. 41 (b)-Court when can· issue· interim in function, bldian Contract Act (9of1872), s. 74-Stipulation of amount -of da- nwges in contract-Cla1:n for damages for breach-If claim for liquidated or un· liquidated damages. 'Sqms due,' meaning that the other had committed a breach of the contract and claiming large sums of money by way of damages. The appel­ lant's claim was for damages stipulated under cl. 14 of the contract. The res­ pondent was called upon to pay the amount claimed and was also informed that on failure to
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