1965 Supreme(Bom) 176
V.D.TULZAPURKAR
S. N. Srikantia & Co. – Appellant
Versus
Union of India and Anr. – Respondent
JUDGMENT - (1) This notice of motion raises a very interesting question -whether a Court has a power to grant interest on the principal sum adjudged by an award from the date of the award till payment and it arises in the following circumstances, By agreements dated 28th December 1956 and 27th June 1957 the construction work of the new Church gate station building in Fort, Bombay was entrusted by the President of India acting for the Western Railway Administration to M/s S. N. Srikantia Co. (Plaintiffs) on terms and conditions contained therein and as per the specifications, plans and drawing annexed thereto. Pursuant to the said contract the plaintiffs firm carried out the said work, completed the same and the certificate of completion was issued but in connection with the plaintiffs final bill disputes and differences arose between the parties and as provided for in the contract the same were referred to the joint arbitration of two arbitrators. However, since there was disagreement between the two arbitrators the matter was referred to umpire Shri A. C. Mukerji, who after hearing the parties and considering the evidence, made and published his award on 12th March 1965. By his
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