Afcons Infrastructure Ltd vs Nagpur Metro Rail Corporation Ltd. & Anr on 15 September, 2016
Etc., reported in (2020) 16 SCC 489, the Hon'ble Supreme
Court, after taking note of the earlier decisions rendered in Tata Cellular Vs. Union of
India, (1994) 6 SCC 651; Raunaq International Ltd. Vs. I.V.R. Construction Ltd., (1999)
1 SCC 492; Air India Limited Vs. Cochin International Airport Ltd., (2000) 2 SCC 617;
Karnataka SIIDC Ltd. Vs. Cavalet India Ltd., (2005) 4 SCC 456; Master Marine Services
(P) Ltd. Vs. Metcalfe & Hodgkinson (P) Ltd., (2005) 6 SCC 138; B.S.N. Joshi & Sons
Ltd. Vs. Nair Coal Services Ltd., (2006) 11 SCC 548; Jagdish Mondal Vs. State of
Orissa, (2007) 14 SCC 517; Michigan Rubber (India) Ltd. Vs. State of Karnataka,
(2012) 8 SCC 216; Afcons Infrastructure Ltd. Vs. Nagpur Metro Rail Corporation Ltd.,
(2016) 16 SCC 818; Montecarlo Vs. NTPC Ltd, AIR 2016 SC 4946; Municipal
Corporation, Ujjain Vs. BVG India Ltd., (2018) 5 SCC 462; and Caretel Infotech Limited
Vs. Hindustan Petroleum Corporation Limited, 2019 (6) SCALE 70, has held in
paragraphs 19 and 20 as under: