Supreme Court of India

Reliance Cellulose Products Ltd. v. Oil and Natural Gas Corporation Ltd.

Neutral citation
Reported as [2018] 6 S.C.R. 618
Bench R. F. Nariman and Indu Malhotra JJ.
Decided 20 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 - Pre-reference, pendente lite interest and future interest – Power of arbitrator to award – On facts, disputes between parties referred to arbitration with regard to price for supply of goods – Fixation of price by arbitrator and award of pre-reference, pendente lite and future interest all at the rate of 18% per annum – Reduction of the interest to 10% per ann um by the Civil Judge – High Court upheld the same – On appeal, held: Under the Arbitration Act, an arbitrator has power to grant pre-refer ence interest under the Interest Act, as well as pendente lite and

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