Supreme Court of India
Zonal General Manager, M/s Ircon International Ltd. v. M/s Vinay Heavy Equipments
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What the Court ordered
For the foregoing reasons, we decline to interfere with the judgment properly exercised by the Arbitrator and Courts below, and sustain the impugned order in its entirety.
Judgment, page 11
From the headnote
Arbitration and Conciliation Act, 1996 - s. 34 - c Arbitration award - Challenge to - Main contract between the Company S as main contractor and the appellant as successful tenderer - For execution of the same appellant entered into sub-contracts, C1 and C2 packages with the respondent-sub-contractor- Completion of67% of the work by respondent but thereafter ceased to work- Non-payment of certain amount to respondent by appellant - Arbitration matters - In the First Arbitration, respondent made claims against appellant claiming the unpaid b~lance amount - In the Second Arbitration, appellant
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