Union Of India vs Larsen And Tubro Limited (L And T)

insc-2026-203 Supreme Court of India 27 February 2026 • CIVIL APPEAL NO. _______ OF 2026; SPECIAL LEAVE PETITION (CIVIL) NO. 14989 OF 2023 • 34 min read
23 cases cited (0 SG, 23 foreign) Cited by 1 case

Practice Areas

Arbitration and Conciliation Act, 1996 Indian Contract Act, 1872 Interest Act Interest Act, 1978

Judges (2)

Sanjay Karol Coram Vipul M. Pancholi Delivered

Parties (2)

Larsen & Tubro Limited Respondent Union of India Appellant

Case Significance

Union Of India vs Larsen And Tubro Limited (L And T) is a Supreme Court of India decision dated February 27, 2026 (citation: insc-2026-203). Civil appeal concerning an arbitral award in a North Central Railway workshop modernization contract. The Supreme Court partly allowed the appeal, setting aside the pre-award interest component and modifying the post-award interest rate from 12% to 8% per annum from the date of award till realization. The bench comprised Justices Sanjay Karol and Vipul M. Pancholi. The judgment was delivered by Justice Vipul M. Pancholi.

This case has been cited by 1 subsequent judgment. The judgment references 23 case citations.

Summary

Civil appeal concerning an arbitral award in a North Central Railway workshop modernization contract. The Supreme Court partly allowed the appeal, setting aside the pre-award interest component and modifying the post-award interest rate from 12% to 8% per annum from the date of award till realization.

What was the outcome of Union Of India vs Larsen And Tubro Limited (L And T)?

Civil appeal concerning an arbitral award in a North Central Railway workshop modernization contract. The Supreme Court partly allowed the appeal, setting aside the pre-award interest component and mo...

Statutes Cited

Arbitration and Conciliation Act, 1996
s 37
Indian Contract Act, 1872
s 73
Interest Act
s 3 s 3(3)
Interest Act, 1978
s 2

Cases Cited (23)

IN (23)
(1992) 1 SCC 508 (2009) 12 SCC 26 (2009) 4 SCC (Civ) 629 (2010) 3 SCC (Civ) 575 (2010) 8 SCC 767 (2015) 3 SCC (Civ) 287 (2015) 4 SCC (Civ) 702 (2015) 5 SCC 718 (2015) 9 SCC 695 (2016) 3 SCC (Civ) 36 (2016) 6 SCC 36 (2017) 14 SCC 323 (2017) 4 SCC (Civ) 693 (2017) 9 SCC 611 (2018) 1 SCC (Civ) 257 (2018) 3 SCC (Civ) 711 (2018) 7 SCC 664 (2022) 11 SCC 697 (2022) 2 SCC 331 (2025) 7 SCC 1 2021 SCC OnLine SC 855 2024 SCC OnLine SC 2928 2026 INSC 203

Cited By (1)

insc-2026-203
Union Of India vs Larsen And Tubro Limited (L And T)

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (insc-2026-203)