Supreme Court of India
M/s. National Highways and Infrastructure Development Corporation Ltd. v. M/s. Bscpl Infrastructure Ltd.
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: Arbitration clause – Whether an arbitr ation clause would spring into being at the stage of Letter of Award (LOA) acceptance or whether it would be necessary to sign t he ultimate agreement which would then bring in the arbitration clause contained therein – In the instant case, Request for Propos al (RFP) was sent out by the appellant for road construction – In th e LOA, the Government of India made reference to the bid document and a request to return signed copy of duplicate LOA as i ts acknowledgment and to execute contract agreement within 1 5 days from date of issue of LOA
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