Legal Street registered trademark

Supreme Court of India

Union of India v. Manraj Enterprises

Neutral citation
Reported as [2021] 7 S.C.R. 413
Bench M. R. Shah and B. V. Nagarathna JJ.
Decided 18 November 2021

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.

What the Court ordered

We hold that the learned Arbitrator in the instant case has erred in awarding pendente lite and future interest on the amount d ue and payable to the contractor under the contract in question and t he same has been erroneously confirmed by the High Court.

Judgment, page 19

From the headnote

Interest: Interest pendente lite – Award of interest by arbitrator contrary to clause 16(2) of the General Conditions o f Contract – Correctness of – Dispute related to work contract – Arbitrator awarded pendente lite and future interest at the ra te of 12% and 18% respectively on the entire awarded amount except for the earnest money deposit and security deposit – Said order upheld by the High Court – On appeal, held: Once the contractor agrees that he shal l not be entitled to interest on the amounts payable under the contrac t, including the interest upon the earnest money and t he

Authorities it was built on

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.