NATIONAL PROJECTS CONSTRUCTION CORPORATION LTD. versus ISHVAKOO (INDIA) PVT. LTD.

Case summary from SCR

Issue for Consideration Issue arose whether in the light of the contents of the award, permitting the appellant to retain the money would tantamount to unjustly enriching the appellant; and did the respondent, satisfy the necessary parameters for obtaining relief u/s.9 of Act, 1996. Headnotes† Arbitration and Conciliation Act, 1996 – s.9 – Interim measures, etc., by Court – Memorandum of Understanding between the appellant and the respondent pursuant to which the respondent was provided Rs.3.5 crores as Mobilisation Advance