M/S.TULSI CONSTRUCTIONS vs O.N.G.C. LTD.. — C.A. No. 1207/2001

Summary of Civil Appeal No. 1207 of 2001 The Supreme Court allowed Tulsi Constructions' appeal on a limited basis regarding an arbitration dispute with ONGC. The core issue was whether an arbitrator could award pre-reference and pendente lite interest when ONGC had not claimed such interest in its counter-claim. The Court held that an arbitrator's power to award interest must be preceded by a claim for interest in the counter-claim petition and set aside the interest awarded for the period 01.10.1989 to 23.03.1994, modifying the decree accordingly. No costs were awarded. This case analysis is maintained by casestatus.in based on publicly available court records.