International Seaport Dredging Pvt. ... vs Kamarajar Port Limited

insc-2024-827 Supreme Court of India 24 October 2024 • Civil Appeal No 12097 of 2024 • 12 min read

Judges (3)

Dhananjaya Y Chandrachud Delivered J.B. Pardiwala Coram Manoj Misra Coram

Parties (2)

International Seaport Dredging Pvt. Ltd. Appellant Kamarajar Port Limited Respondent

Case Significance

International Seaport Dredging Pvt. ... vs Kamarajar Port Limited is a Supreme Court of India decision dated October 24, 2024 (citation: insc-2024-827). The appellant challenged the Madras HC's interim order staying enforcement of a Rs.21 crore arbitral award for capital dredging work at Kamarajar Port. The Supreme Court modified the HC order, directing the respondent to deposit 75% of the decretal amount inclusive of interest by November 30, 2024, as a condition for staying enforcement, applying Order XLI Rule 5 CPC principles rather than allowing unconditional stays for public corporations. The bench comprised Justices Dhananjaya Y Chandrachud, J.B. Pardiwala and Manoj Misra. The judgment was delivered by Justice Dhananjaya Y Chandrachud.

Summary

The appellant challenged the Madras HC's interim order staying enforcement of a Rs.21 crore arbitral award for capital dredging work at Kamarajar Port. The Supreme Court modified the HC order, directing the respondent to deposit 75% of the decretal amount inclusive of interest by November 30, 2024, as a condition for staying enforcement, applying Order XLI Rule 5 CPC principles rather than allowing unconditional stays for public corporations.

What was the outcome of International Seaport Dredging Pvt. ... vs Kamarajar Port Limited?

The appellant challenged the Madras HC's interim order staying enforcement of a Rs.21 crore arbitral award for capital dredging work at Kamarajar Port. The Supreme Court modified the HC order, directi...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (insc-2024-827)