Supreme Court of India

S.V. Samudram v. State of Karnataka & Anr

Neutral citation
Reported as [2024] 1 S.C.R. 281
Bench Abhay S. Oka and Sanjay Karol JJ.
Decided 4 January 2024

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.

3 Supreme Court benches have cited this judgment.

From the headnote

Issue for Consideration The Civil Judge modified the award passed by the Arbitrator reducing the amount awarded as also interest thereupon, i.e., Rs.14,68,239/- @ 18% to only 25% of the tender amount which equals to Rs.3,71,564/- and the interest percentage thereon was reduced to 9%. Whether the modification of the arbitral award as carried out by the Civil Judge as confirmed by the High Court, was justified within law. Headnotes Arbitration and Conciliation Act, 1996 – s. 34 – The award passed by the Arbitrator was modified by the Civil Judge and the Respondents were directed to pay

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