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Lifestyle Equities C.V. & Anr v. Hari Shankar Bilwal


REPORTABL E IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 3148 OF 2012 M/S. HYDER CONSULTING (UK) LTD. ... APPELLANT VERSUS GOVERNOR, STATE OF ORISSA THROUGH CHIEF ENGINEER ... RESPONDENT WITH CIVIL APPEAL NO. 3147 OF 2012 CIVIL APPEAL NO. 3149 OF 2012 CIVIL APPEAL NO. 1390 OF 2013 S.L.P. (C) NO. 19895 OF 2008 S.L.P. (C) NO. 20282 OF 2008 S.L.P. (C) NO. 21896 OF 2010 S.L.P. (C) NO. 18614 OF 2012

JUDGMENT

H.L. DATTU, CJI.

1. In view of the reference order dated 13.03.2012, this Civil Appeal and the matters connected therewith are placed before a three-Judge Bench of this Court for consideration and decision. The question before this Court is, whether the decision of this Court in State of Haryana and Others v. S.L. Arora and Company., (2010) 3 SCC 690, wherein it is held that an award of interest on interest from the date of award is not permissible under sub- section (7) of section 31 of the Arbitration and Conciliation Act, 1996 (for short, “the Act, 1996”), is in consonance with earlier decisions of this Court. A two-Judge Bench of this Court, by the said reference order, is of the opinion that the present appeal and the connected matters would need to

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