The State of Haryana awarded a mining contract for Yamuna sand to M/s Jai Durgaa Finvest P. Ltd., which required the contractor to deposit a security amount. The contractor defaulted on instalments and the contract was terminated on 09.03.2000, with the security forfeited. The contractor later …
The appellant, National Mineral Development Corporation (NMDC), held mining leases for iron ore in Madhya Pradesh and was levied royalty by the State on the waste material known as 'slimes' produced during ore processing. NMDC contended that slimes are a waste with no commercial value and are not …
The Supreme Court examined whether an award under the Arbitration Act, 1940 could be remitted or set aside solely because the arbitrator or umpire did not give reasons. The Court held that unless the arbitration agreement, deed of submission, or a specific court order or statute requires reasons, an …
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