Supreme Court of India
M/s Vijay Trading and Transport Company v. Central Warehousing Corporation
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.
What the Court ordered
In the result, the impugned judgment dated 19.07.2010 passed by the High Court in FAO(OS) No.435 of 2010 is affirmed and this appeal is dismissed.
Judgment, page 9
From the headnote
Arbitration and Conciliation Act, 1996: s.34 – Appellant contractor entered into an agreement with respondent corporation for carrying out work of Handling and Transportation at Inland Clearance Depot – Respondent corporation terminated the contract due to appellant’s non-performance of contractual obligations and forfeited the security deposit and also fork lift and hand trolleys – Arbitration award in favour of respondent corporation – Held: Failure to transport the container to the Port at Navi Mumbai resulted in missing of the export schedule – Taking into consideration the failure of the…
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