Supreme Court of India

Larsen and Toubro Limited v. Puri Construction Pvt. Ltd. and Others

Neutral citation
Bench Abhay S. Oka and Pankaj Mithal JJ.
Decided 21 April 2025

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

Issue for Consideration In petition u/s.34, Arbitration and Conciliation Act, 1996, Single Judge had set aside the Arbitral Award. Division Bench in appeal thereagainst u/s.37, Arbitration Act by way of the impugned judgment, inter alia upheld the dismissal of L&T’s counter-claim and agreed with the findings of the Arbitral Tribunal that the Supplementary Agreement was a non-starter as it was vitiated by economic duress; that the Development Agreement was not novated by the Supplementary Agreement; that L&T committed fundamental breach of the Development Agreement.

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