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M/S Misra and Co v. Damodar Valley Corporation

Civil Appeal · 2017 INSC 751Decided 16 Aug 2017
Civil Appeal No. 10502 of 2017
Justice A.K. Sikri · Justice Ashok Bhushan

Background

This is an interim order, not a final judgment. The appeal arose from the execution of a 1988 arbitration award against Damodar Valley Corporation, a public-sector body. The question raised was whether execution of the decree was barred by limitation.

Decision Breakdown

This is an interim order, not a final judgment. The Court criticised the Corporation for prolonging the litigation. It did not rule on the limitation question and directed that the Corporation be called upon to come up with a conciliatory proposal. The appeal was ordered to be listed after six weeks for further hearing.

Lesson Learnt

There is no final ruling yet on whether execution of the decree was barred by limitation. The Court first pressed the public-sector respondent to propose a settlement.

Official source (sci.gov.in)View Judgment (PDF)

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