Supreme Court of India · 2009-04-29
NATIONAL ALUMINIUM CO. LTD. vs G.C. KANUNGO
- Citation / case number
- SC 2002/21139
- Court
- Supreme Court of India
- Petitioner
- NATIONAL ALUMINIUM CO. LTD.
- Respondent
- G.C. KANUNGO
Judgment text excerpt
The Supreme Court upheld the decision of the Orissa High Court regarding the dismissal of the appellant's miscellaneous appeal under Section 39 of the Arbitration Act, 1940. The Court found that the claim made by the respondent was not barred by limitation as per Section 137 of the Limitation Act, 1963, since the matter was still alive due to correspondence indicating ongoing consideration of claims. The Court modified the interest rate awarded from 15% to 12% per annum, allowing the appeal to that extent.