Content Provider | Supreme Court of India |
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e-ISSN | 30484839 |
Language | English |
Access Restriction | NDLI |
Subject Keyword | Arbitration Award |
Content Type | Text |
Resource Type | Law Order |
Jurisdiction | India |
Case Type | Appeal |
Court | Supreme Court of India |
Disposal Nature | Appeal Disposed Off |
Headnote | Arbitration-Award-Subordinate Judge made award rule of Court- Appeal dismissed by High Court-Appeal before Supreme Court-Validity of decree passed based on award. Arbitration-Agreement-Absence of escalation clause-in such a case arbitrator cannot assume any jurisdiction to award any amount towards escalation-Held decree insofar as it awards escalation charges cannot be sustained. Arbitrator-Power to award interest pendente lite-Decree to the extent awards pendente lite interest in favour of contractor held sustainable. Arbitrator-Power to award interest for pre-reference period-Arbitration proceedings pending for one and a half decade-in view of this contractor allowed to execute decree relating to award of pre-reference interest on furnishing a bank guarantee--Contractor should also give an undertaking that if issue is decided against him State will be entitled to en-cash the bank guarantee. |
Judge | N/A |
Neutral Citation | 2000 INSC 94 |
Petitioner | State Of Orissa |
Respondent | Sudhakar Das (dead) By Lrs. |
SCR | [2000] 1 S.C.R. 1136 |
Judgement Date | 2000-02-23 |
Case Number | 2256 |
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