Supreme Court of India · 2021-11-18
UNION OF INDIA vs MANRAJ ENTERPRISES
- Citation / case number
- SC 2021/17999
- Court
- Supreme Court of India
- Petitioner
- UNION OF INDIA
- Respondent
- MANRAJ ENTERPRISES
- Author
- HON'BLE MR. JUSTICE M.R. SHAH
- Bench
- HON'BLE MRS. JUSTICE B.V. NAGARATHNA HON'BLE MR. JUSTICE M.R. SHAH
Judgment text excerpt
The Supreme Court upheld the decision of the Delhi High Court which confirmed the sole arbitrator's award of interest on a contract dispute between the Union of India and Manraj Enterprises. The court found that the arbitrator had the authority to award pendente lite and future interest under the Arbitration and Conciliation Act, 1996. The appeal by the Union of India was dismissed, affirming the legality of the interest awarded.