Supreme Court of India

Union of India v. M/s. Concrete Products & Const. Co. Etc.

Neutral citation
Reported as [2014] 3 S.C.R. 535
Bench Surinder Singh Nijjar and Fakkir Mohamed Ibrahim Kalifulla JJ.
Decided 3 March 2014

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 and Conciliation Act, 1996: s.37(1) - Interest for the amount withheld by the railway administration - Grant of - Held: Arbitrator passed an award directing the railway administration to refund the amount along with interest and subsequent interest @ 18% PA. - Arbitrator in awarding interest to the contractors failed to take into ac.count the provisions contained in Indian Railways Standard Conditions of Contract which disentitled the contractors from claiming any interest or damages for withholding or retention under lien by railway administration - Also, as per s.37(1), the

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