Supreme Court of India
M/s Mitra Guha Builders (india) Company v. Oil and Natural Gas Corporation Limited
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.
From the headnote
Arbitration : Contract for building construction – Dispute – Arbitrator appointed – Arbitrator allowed the claims of the contractor/ claimants, while rejected the counter-claim for liquidated damages/ compensation – Single Judge of High Court upheld the Award – Division Bench of High Court set aside the Award holding that question of levy of liquidated damages was not arbitrable – Appeal to Supreme Court – Held : The relevant clause of the contract shows that the parties had agreed that levy of liquidated damages by the Superintending Engineer of the respondent-Company was final – Therefore…
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