Supreme Court of India · 2018-11-30
NHPC LIMITED vs M/S. PATEL ENGINEERING LTD.
- Citation / case number
- SC 2016/29865
- Court
- Supreme Court of India
- Petitioner
- NHPC LIMITED
- Respondent
- M/S. PATEL ENGINEERING LTD.
- Author
- DHANANJAYA Y. CHANDRACHUD
- Bench
- HON'BLE MR. JUSTICE M.R. SHAH HON'BLE THE CHIEF JUSTICE
Judgment text excerpt
The Supreme Court set aside the High Court's order dated 22 August 2016, which had allowed a post-award application under Section 9 of the Arbitration and Conciliation Act, 1996, requiring the appellant to release the arbitral award amount. The Court noted that the basis for the High Court's order ceased to exist as the arbitral award was set aside on 29 November 2018. The judgment clarified that it does not express an opinion on the correctness of the High Court's order, and all rights regarding the challenge to the arbitral award are preserved.