Oil And Natural Gas Corporation Ltd vs M/S G And T Beckfield Drilling Services ...
Practice Areas
Case Significance
Oil And Natural Gas Corporation Ltd vs M/S G And T Beckfield Drilling Service... is a Supreme Court of India decision dated September 2, 2025 (citation: insc-2025-1066). Arbitration dispute between ONGC and a drilling services contractor regarding an arbitral award granting pendente lite interest. The Supreme Court dismissed the appeal, holding that the contractual clause merely barring interest on delayed payments did not expressly or by necessary implication bar the arbitral tribunal from awarding pendente lite interest under the Arbitration Act. The bench comprised Justices Manoj Misra and Pamidighantam Sri Narasimha. The judgment was delivered by Justice Manoj Misra.
This case has been cited by 1 subsequent judgment. The judgment references 15 case citations.
Summary
Arbitration dispute between ONGC and a drilling services contractor regarding an arbitral award granting pendente lite interest. The Supreme Court dismissed the appeal, holding that the contractual clause merely barring interest on delayed payments did not expressly or by necessary implication bar the arbitral tribunal from awarding pendente lite interest under the Arbitration Act.
What was the outcome of Oil And Natural Gas Corporation Ltd vs M/S G And T Beckfield Drilling Service...?
Arbitration dispute between ONGC and a drilling services contractor regarding an arbitral award granting pendente lite interest. The Supreme Court dismissed the appeal, holding that the contractual cl...
Statutes Cited
Cases Cited (15)
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2025-1066)