Supreme Court of India
M/s. Build India Construction System v. Union of India
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-Parties entering into contract in I 985-Arbitration / clause providing for reference of dispute to arbitrator but not for reasoned 'I" c award-Subsequent amendment in I 986 in the general conditions of contract that if value of claim exceeds Rs. I lakh arbitrator to give reasoned award- Dispute leading to cancellation of contract-Reference to arbitrator- Award-Held, amendment of 1986 does not apply to general conditions of contract as applicable to parties-Hence, arbitration clause should not be read as amended-Arbitrator not oblige to give reasoned award-Terms of contract between
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