Legal Street registered trademark

Supreme Court of India

Union of India v. M/s Bright Power Projects (i) P. Ltd.

Neutral citation
Reported as [2015] 6 S.C.R. 488
Bench Anil R. Dave, Vikramajit Sen and Pinaki Chandra Ghose JJ.
Decided 2 July 2015

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.

9 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that the Arbitral Tribunal was not justified in awarding interest from the date of entering upon the reference to the Arbitral Tribunal till the date of the award.

Judgment, page 6

From the headnote

c Arbitration and Conciliation Act, 1996 - s. 31 (7) - Award of pendentelite interest on the amount of arbitral award- When the contract between the parties contained an express bar regarding award of interest - Propriety of - Held: s. 31 (7) specifically provides that arbitrator is bound by the terms of the contract so far as award of interest is concerned- Once the parties agreed that no interest would be paid, they were bound by that understanding - Thus, neither the party was entitled to claim interest nor the arbitral tribunal could have awarded the interest. Allowing the appeal, the

Authorities it was built on

Where later benches applied it

Of those, 3 relied on · 6 referred to

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • The ratio: what the Court held, verbatim, with the page it sits on
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.