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Supreme Court of India

M/s Icomm Tele Ltd. v. Punjab State Water Supply & Sewerage Board & Anr.

Neutral citation
Bench R. F. Nariman and Vineet Saran JJ.
Decided 11 March 2019

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.

4 Supreme Court benches have cited this judgment.

From the headnote

Arbitration: Arbitration agreement – Arbitration clause in notice inviting tender in commercial contracts – Pre-deposit clause-10% “deposit- at-call” of the amount claimed by party invoking arbitration, if arbitrary or discriminatory and violative of Art. 14 of the Constitution – Held: pre-deposit of 10% would discourage a party to an arbitration from invoking this alternative dispute resolution process, contrary to the object of de-clogging the court system, and would render the arbitral process ineffective and expensive – Thus, the pre deposit clause is struck down – Constitution of India…

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Where later benches applied it

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