Supreme Court of India

Vedanta Ltd. v. Shenzen Shandong Nuclear Power Construction Co. Ltd.

Neutral citation
Bench R. F. Nariman and Indu Malhotra JJ.
Decided 11 October 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.

3 Supreme Court benches have cited this judgment.

From the headnote

Arbitration and Conciliation Act, 1996 – ss.34 and 37 – Appellant and the Respondent-Company entered into four inter- related contracts for construction of a Co-Generation Power Plant – Dispute arose between the parties – Respondent-Claimant invoked the Arbitration clause and raised claims in multiple currencies i.e. Indian Rupee (INR), United States Dollar ($) and European Union (EUR) – Arbitral Tribunal awarded the amounts in favour of the Claimant in INR and EUR, but rejected the claim made in $ – Arbitral Tribunal awarded interest on the amounts payable in INR and EUR at the rate of 9%…

Where later benches applied it

Of those, 1 distinguished · 2 referred to

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