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Union Of India vs Raman Iron Foundry on 12 March, 1974

82. Mr. Datar's reliance in support of the propositions on damages being awarded to Docomo, and payable by Tata in the arbitral proceedings, is premised as to what would be the legal character of the amount of damages being received, and as considered by the Supreme Court in Union of India vs. Raman Iron Foundry27, which, according to him, would aptly apply to the present facts. In Raman Foundry, tender was accepted by the Government of India, which was subject to the General Conditions of Contract, contained in the Standard Form of Contract. The performance of the contract ran into difficulties. Dispute had arisen between the parties which gave rise to claims by both parties. The Government of India intimated to Raman Iron Foundry, that in case of failure to pay the damages within the stipulated time, the amount would be recovered from its pending bills in respect of other contracts. Consequent thereto, Raman Iron Foundry filed an application under Section 20 of the Arbitration Act, 1940 for filing the arbitration agreement. Such application was allowed and accordingly 27 (1974) 2 SCC 231 Page 75 of 84 Rane/Amin 1-WP4914-22RESERVED.DOC arbitration proceedings were initiated. During the pendency of the arbitration, apprehending that the amounts due and payable by the Government of India are likely to be appropriated towards the recovery of the amount of damages, Raman Iron Foundry made an interim application before the High Court under Section 41 read with the Second Schedule of the Arbitration Act, praying that the status quo be maintained and the appellant should be restrained from recovering its claim for damages from the pending bills of Raman Iron Foundry. The High Court issued an interim injunction. It is such order, which was the subject matter of consideration. In such context, the issue which fell for consideration of the Court, was to the purport of Clause 18, which intended to provide a right to recovery of claim for payment of a sum of money arising out of or under the contract. It is in such context, in examining as to whether there was any qualitative difference in the nature of a claim whether it be for liquidated damages or for unliquidated damages, it was held that, it makes no difference of the claim being for liquidated damages, as such claim stood on the same footing, as a claim for unliquidated damages.
Supreme Court of India Cites 10 - Cited by 380 - P N Bhagwati - Full Document

Fateh Chand vs Balkishan Das on 15 January, 1963

Also considering the decision of the Constitution Bench of the Supreme Court in Fatehchand (supra), it was held that the contention of the department that compensation received was synonymous to 'tolerating an act' was held to not the correct position. The view taken by the Commissioner that the penalty amount, forfeiture of earnest money and liquidated damages were received by the appellant towards consideration for tolerating an act, was held to be not the correct approach. Accordingly the orders passed by the Commissioner levying tax were set aside.
Supreme Court of India Cites 7 - Cited by 574 - J C Shah - Full Document
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