Supreme Court · 2021 INSC 724 · Decided 13 November 2021
Welspun Specialty Solutions Limited (Formerly Known As Remi Metals Gujarat LTD. v. Oil and Natural Gas Corporation LTD.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 724 · [2021] 11 S.C.R. 120
- Case number
- CIVIL APPEAL No. 2826/2016
- Decided
- 13 November 2021
- Bench
- N.V. RAMANA, SURYA KANT (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 55, 74; Arbitration Act Section 37, 34
Headnote
Arbitration and Conciliation Act, 1996: ss. 37 and 34 - Appealable orders - Arbitral award - Sustainability of, under section 37 - On facts, execution of contract wherein appellant was respondent-ONGC - During execution of contract, certain delays in meeting the obligations as required under the contract - Deduction of certain amount by respondent as liquidated damages from various bills submitted by the supplier - Dispute before the arbitral tribunal -
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