Supreme Court of India
M/s C & C Constructions Ltd. v. Ircon International Ltd.
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What the Court ordered
Considering the limited scope of interference, as laid down by this Court, we find absolutely no merit in the appeal and the same is accordingly dismissed.
Judgment, 29
From the headnote
Issue for Consideration Matter pertains to the order passed by the Division Bench of the High Court, dismissing an appeal u/s.37 of the Arbitration and Conciliation Act, 1996, holding that the requirement of clause 49.5 was never waived by the respondent, that clause 49.5 was a valid clause, upheld the arbitral award. Headnotes† Arbitration and Conciliation Act, 1996 – s.37 – Arbitration award – Scope of interference in an appeal u/s.37 – Dispute between the appellant and the respondent over construction of Road Over Bridges – Case of the appellant that delay in construction work for the reasons attributable to the respondent, resulted in additional financial burdens…
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