Supreme Court of India · 2020-05-22
PATEL ENGINEERING LTD. vs NORTH EASTERN ELECTRIC POWER CORPORATION LTD. (NEEPCO)
- Citation / case number
- SC 2020/577
- Court
- Supreme Court of India
- Petitioner
- PATEL ENGINEERING LTD.
- Respondent
- NORTH EASTERN ELECTRIC POWER CORPORATION LTD. (NEEPCO)
- Author
- HON'BLE MRS. JUSTICE R. BANUMATHI
- Bench
- HON'BLE MRS. JUSTICE R. BANUMATHI, HON'BLE MS. JUSTICE INDU MALHOTRA, HON'BLE MR. JUSTICE ANIRUDDHA BOSE
Judgment text excerpt
The Supreme Court upheld the High Court's decision to dismiss review petitions regarding arbitral awards under Section 34 of the Arbitration and Conciliation Act, 1996. The Court found no grounds for review and noted the delay in filing the application. The Court emphasized that the amendments made to the Arbitration and Conciliation Act, 1996 by the Amendment Act of 2015 were considered, and the previous arbitral awards were validly upheld. The outcome confirmed the High Court's ruling, maintaining the arbitral awards in favor of the claimant.