Supreme Court of India · 2022-05-05
DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED vs DELHI METRO RAIL CORPORATION
- Citation / case number
- SC 2022/8174
- Court
- Supreme Court of India
- Petitioner
- DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED
- Respondent
- DELHI METRO RAIL CORPORATION
- Author
- HON'BLE MR. JUSTICE B.R. GAVAI
- Bench
- HON'BLE MR. JUSTICE B.R. GAVAI HON'BLE MR. JUSTICE L. NAGESWARA RAO
Judgment text excerpt
The Supreme Court addressed whether the 'sum' awarded under Section 31(7)(a) of the Arbitration and Conciliation Act, 1996 includes interest pendente lite. The court clarified that the term 'sum' encompasses not only the principal amount but also the interest accrued during the pendency of arbitration. Consequently, the appeal was allowed, affirming the inclusion of interest in the awarded sum.