STATE OF M.P vs M/S M.R.CONSTRUCTION ENGERS.& CONTRATR.

The Supreme Court addressed the issue of interest payable by the appellant, modifying the High Court's order from 18% to 9% interest as awarded by the arbitrator. The Court clarified that it was not addressing the question of limitation raised by the appellant's counsel, focusing solely on the interest rate. The appeal was disposed of with this modification, and no costs were awarded.