Supreme Court of India · 2018-10-11
VEDANTA LIMITED vs SHENZHEN SHANDONG NUCLEAR POWER CONSTRUCTION COMPANY LIMITED
- Citation / case number
- SC 2018/33031
- Court
- Supreme Court of India
- Petitioner
- VEDANTA LIMITED
- Respondent
- SHENZHEN SHANDONG NUCLEAR POWER CONSTRUCTION COMPANY LIMITED
- Author
- HON'BLE MS. JUSTICE INDU MALHOTRA
- Bench
- HON'BLE MS. JUSTICE INDU MALHOTRA HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
Judgment text excerpt
The Supreme Court upheld the Delhi High Court's decision regarding the arbitration clause in the EPC Contracts under the Arbitration & Conciliation Act, 1996, specifically referencing Section 37. The Court emphasized that the arbitration agreement must be honored, and disputes arising from the contracts should be resolved through arbitration as stipulated. The judgment reinforced the binding nature of arbitration awards and the necessity for parties to adhere to their contractual obligations even during arbitration proceedings.