Supreme Court of India

M/s Raveechee and Co v. Union of India

Neutral citation
Bench S.A. Bobde and L. Nageswara Rao JJ.
Decided 3 July 2018

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.

6 Supreme Court benches have cited this judgment.

From the headnote

Arbitration Act, 1940 – Interest pendente lite – Award of – Power of the arbitrator – Award of mining contract to appellant – Dispute between parties – Award of interest pendente lite on damages excluding the security deposits, from the date of commencement of the arbitral proceedings to the date of award – High Court set aside the award in so far as the order of pendente lite interest – On appeal, held: Liability to pay interest pendente lite arises because the claimant has been found entitled to the damages and has been kept out from those dues due to the pendency of the…

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