Oil & Natural Gas Corpn.Ltd vs Western Geco International Ltd

The Supreme Court addressed the appeal concerning the enforcement of an arbitration award related to a contract for the supply of hydrophones for a seismic survey vessel. The Court held that the invocation of force majeure by the respondent was not justified as the delay in obtaining the necessary licenses was not communicated in a timely manner. The Court affirmed the High Court's decision to delete the award of pendente lite and future interest, emphasizing the importance of timely performance and communication in contractual obligations under the Arbitration and Conciliation Act, 1996.