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Supreme Court of India

Oil & Natural Gas Commission v. Western Company of North America

Neutral citation
Bench M.P. Thakkar J.
Decided 16 January 1987

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

9 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that fairness F demands that we do not make it unconditional but make it conditional to the extent indicated hereafter.

Judgment, page 27

From the headnote

Arbitration Act, 1940-Sections 2(e), 14, 17, 30 and 33- ward-Only when transformed into a judgment and decree under Section 17 becomes enforceable-New York Convention-Article V(l)(e)-Expression 'not yet become binding on the parties'-lnter­ pretation and significance of-Test applicable-Enforceability as per law of the country which governs the award-Arbitration proceedings bet­ ween American Company and ONGC~Award rendered in favour of American Company-ONGC invoking juri5diction of Bombay High Court under Sections 30 & 33 to set aside award-Held Indian Court alone has jurisdiction to…

Where later benches applied it

Of those, 4 referred to · 5 mentioned

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