Supreme Court of India · 2018-10-11
Vedanta Limited vs Shenzhen Shandong Nuclear Power ...
- Citation / case number
- AIR 2018 SUPREME COURT 4773
- Court
- Supreme Court of India
- Petitioner
- Vedanta Limited
- Respondent
- Shenzhen Shandong Nuclear Power ...
- Author
- Indu Malhotra
- Bench
- Indu Malhotra, Rohinton Fali Nariman
Judgment text excerpt
The Supreme Court addressed the appeal against the Delhi High Court's order under Section 37 of the Arbitration & Conciliation Act, 1996, concerning disputes arising from four inter-related EPC Contracts for a power plant. The Court emphasized that arbitration clauses within these contracts must be adhered to, affirming the binding nature of arbitration awards as stipulated in the contracts. The judgment upheld the High Court's decision, reinforcing the principle that parties must comply with arbitration agreements even amidst disputes.