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M/S. Dredging Corporation Of India Ltd. vs M/S. Shoft Shipyard Private Limited, on 4 October, 2024
cites
Section 37 in The Arbitration And Conciliation Act, 1996 [Entire Act]
The Code of Civil Procedure, 1908
The Prisoners Act, 1900
The Project Director National Highways ... vs M. Hakeem on 20 July, 2021
16. With reference to impermissibility of modification of Arbitral Award, the
learned counsel placed reliance on the Judgment of the Hon'ble Supreme
Court in Project Director, National Highways Authority of India v.
M.Hakeem1.
Union Territory Of Ladakh vs Jammu And Kashmir National Conference on 6 September, 2023
In support of his contention, the
learned counsel placed reliance on the decision of the Hon'ble Supreme Court
in Union Territory of Ladakh v. Jammu and Kashmir National
Conference2. The learned counsel while submitting that these matters require
some detailed examination, that there is no straight jacket formula for granting
of interim stay on condition of depositing a particular percentage of amount
awarded and there is no dispute about the applicability of Order 41 Rule 5 of
Code of Civil Procedure either to an application under Section 34 or an Appeal
1
(2021) 9 SCC 1
2
2023 SCC OnLine SC 1140
7
under Section 37 of the Act, pleads for interim stay of execution of the
Judgments and Decrees, subject to payment of 50% of the decretal amount,
else the appellant, a Government of India Undertaking would suffer great
hardship, serious prejudice and irreparable loss.
Toyo Engineering Corporation vs Indian Oil Corporation Limited on 2 August, 2021
The learned counsel also
referred to the decisions of the Hon'ble Supreme Court in Toyo Engineering
Corporation v. Indian Oil Corporation Limited3 and Goa Shipyard Limited
v. Shoft Shipyard Pvt. Ltd.4.
M/S Larsen Air Conditioning And ... vs Union Of India on 11 August, 2023
18. With reference to the contention that modification of Award is not
permitted / contemplated under Section 34 of the Act, the learned counsel
emphatically submitted that it is well within the jurisdiction of the Commercial
Court to remove the bad part from the good part of the Award. It is his
contention that the DCI had not raised any objection with regard to power of
the Court to partially sever an Award. He submits that the Award is severable
and separable and therefore, the contention that the Commercial Court
committed an error in modifying the Awards, deserves no appreciation. While
distinguishing the decision of the Hon'ble Supreme Court in M.Hakeem
referred to supra and referring to the decisions mentioned in the written
submissions i.e., Larsen Air Conditioning and Refrigeration Company v.
Union of India 5 , Manish v. Godawari Marathawada Irrigation
Development Corporation6, Kanpur Jal Sansthan and another v. Bapu
Constructions7, Balmer Lawrie & Co.Ltd., v. Shilpi Engineering Pvt. Ltd.,8
and Power Mech Projects Ltd., v. Sepco Electric Power Construction
Corporation9, the learned counsel submits that the interim relief sought for
may be considered, only on the condition of depositing 100% of the decretal
5
2023 SCC OnLine SC 982
6
2018 SCC OnLine SC 3863
7
(2015) 5 SCC 267
8
2024 SCC OnLine Bombay 758
9
2020 SCC OnLine Delhi 2049
9
amounts and urges for withdrawal of the amounts so deposited, without any
conditions.
Manish vs Godawari Marathawada Irrigation ... on 26 September, 2018
In Manish's case referred to supra, the High Court of Bombay granted
interim stay pending disposal of an Appeal under Section 37 of the Act on
condition of depositing 60% of the awarded amount. The Hon'ble Supreme
Court interfered with the stay order and while stating that since these are
money decrees, there should be 100% deposit, permitted the respondents
therein to withdraw the amount deposited by furnishing solvent security to the
satisfaction of the High Court.
Kanpur Jal Sansthan vs M/S Bapu Constructions on 3 January, 2014
18. With reference to the contention that modification of Award is not
permitted / contemplated under Section 34 of the Act, the learned counsel
emphatically submitted that it is well within the jurisdiction of the Commercial
Court to remove the bad part from the good part of the Award. It is his
contention that the DCI had not raised any objection with regard to power of
the Court to partially sever an Award. He submits that the Award is severable
and separable and therefore, the contention that the Commercial Court
committed an error in modifying the Awards, deserves no appreciation. While
distinguishing the decision of the Hon'ble Supreme Court in M.Hakeem
referred to supra and referring to the decisions mentioned in the written
submissions i.e., Larsen Air Conditioning and Refrigeration Company v.
Union of India 5 , Manish v. Godawari Marathawada Irrigation
Development Corporation6, Kanpur Jal Sansthan and another v. Bapu
Constructions7, Balmer Lawrie & Co.Ltd., v. Shilpi Engineering Pvt. Ltd.,8
and Power Mech Projects Ltd., v. Sepco Electric Power Construction
Corporation9, the learned counsel submits that the interim relief sought for
may be considered, only on the condition of depositing 100% of the decretal
5
2023 SCC OnLine SC 982
6
2018 SCC OnLine SC 3863
7
(2015) 5 SCC 267
8
2024 SCC OnLine Bombay 758
9
2020 SCC OnLine Delhi 2049
9
amounts and urges for withdrawal of the amounts so deposited, without any
conditions.