A.K.SIKRI
Indian Oil Corporation – Appellant
Versus
Lloyds Steel Industries Ltd. – Respondent
A.K. Sikri, J.
1. The respondent herein was awarded certain contracts by the petitioner. These works were executed by the respondent but there was delay in the execution of the contract. Clause 4.4.0.0. of the General Conditions of Contract provided for liquidated damages in case of delay in execution. Invoking this clause the petitioner recovered the maximum liquidated damages as provided, i.e. 10% of the contract value, from the respondents last running account bill. The respondent agitated as according to it no such liquidated damages were payable. The contract provided arbitration clause, which was invoked by the respondent. The learned arbitrator went into this question and has rendered his impugned award dated 28.4.2003 holding that the imposition of liquidated damages by the petitioner was not justified. The present petition is filed by the petitioner challenging this award. The question, as is clear from the above, is about the competence of the petitioner to recover the liquidated damages and scope of this petition is to consider as to whether the impugned award deciding this question is liable to be interfered with in exercise of this Courts jurisdiction under Se
Arosan Enterprises Ltd. v. Union of India AIR 1999 SC 3804
Bhai Panna Singh v. Arjun Singh AIR 1929 PC 179
Fateh Chand v. Balkishan Das AIR 1963 SC 1405
Haryana Telecom Ltd. v. Union of India and Anr. 2006 (2) Arb.L.R. 293
Hind Constructions Contractors v. State of Maharashtra 1979 2 SCR 1147
Mahabir Prasad v. Durga Dutta 1961 3 SCR 639
Maula Bux v. Union of India 1970 1 SCR 928
Smt. Swarnam Ramachandran and Anr. v. Aravacode Chakungal Jayapalan 2004 (8) SCC 689
State of Kerala v. United Shippers and Dredgers Ltd. AIR 1982 Ker 281
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