Supreme Court of India

M/s Raveechee and Co v. Union of India

Neutral citation

Reported as [2018] 5 S.C.R. 138

Bench S. A. Bobde and L. Nageswara Rao JJ.

Decided 3 July 2018

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.

5 Supreme Court benches have cited this judgment.

From the headnote

Arbitration Act, 1940 – Interest pendente lite – Aw ard of – Power of the arbitrator – Award of mining contract to ap pellant – Dispute between parties – Award of interest pendente lite on damages excluding the security deposits, from the date of comm encement of the arbitral proceedings to the date of award – High Court set as ide the award in so far as the order of pendente lite interest – On appeal, held: Liability to pay interest pendente lite arise s because the claimant has been found entitled to the damages and has been kept out from those dues due to the pendency of the arbitration-p

Authorities it was built on

1991 Secretary, Irrigation Department, Government of Orissa and Ors. Etc. Etc. v. G. C. Roy Etc. Etc. cited by 19
2006 M/s. Ambica Construction v. Union of India cited by 15
2009 Sayeed Ahmed & Co. v. State of Up & Ors. cited by 13
1995 The Board of Trustees for the Port of Calcutta v. Engineers-de-space-age cited by 7
2009 M/s. Madnani Construction Corporation (p) Ltd v. Union of India & Others cited by 7
1999 Superintending Engineer and Ors. v. B. Subba Reddy cited by 2

Where later benches applied it

2024 Pam Developments Private Limited v. The State of West Bengal & Anr. referred to
2023 Indian Railway Construction Company Limited v. M/s National Buildings Construction referred to
2021 Union of India v. Manraj Enterprises referred to
2018 Reliance Cellulose Products Ltd. v. Oil and Natural Gas Corporation Ltd. mentioned
2021 Garg Builders v. Bharat Heavy Electricals Limited not applicable

Of those, 3 referred to · 1 mentioned · 1 not applicable

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