ORISSA MINING CORPORATION LTD. . vs SATYASAI MINES AND MINERALS LTD. . — C.A. No. 9829/2014

Case under Section XI-A. Status: Disposed.

Disposed

CNR: SCIN010007132013

Filing Date

04-Jan-2013

Registration No

C.A. No. 9829/2014

Diary Number

713/2013

Order Date

16-Dec-2021

Document Type

ROP - of Main Case

Disposal Type

Allowed

Last updated 04-Jul-2026

Acts & Sections

Section XI-A

Petitioner(s)

  1. 1.ORISSA MINING CORPORATION LTD. .

    Adv. RAJ KUMAR MEHTA

Respondent(s)

  1. 1.SATYASAI MINES AND MINERALS LTD. .

    Adv. NIRNIMESH DUBE NIRNIMESH DUBE[R-2]

Case History

  1. Case disposedDisposed

  2. 16-Dec-2021

    ROP - of Main CaseView PDF

  3. 16-Dec-2021

    Fixed Date by Court

    Hon'ble Mr. Justice Sanjay Kishan Kaul and Hon'ble Mr. Justice M.M. Sundresh

  4. 14-Dec-2021

    ROP - of Main CaseView PDF

  5. 14-Dec-2021

    After Week/Month/Vacation

    Hon'ble Mr. Justice Sanjay Kishan Kaul and Hon'ble Mr. Justice M.M. Sundresh

  6. 13-Sep-2021

    ROP - of Main CaseView PDF

  7. 13-Sep-2021

    Mention Memo

    Hon'ble The Chief Justice, Hon'ble Mr. Justice Surya Kant and Hon'ble Ms. Justice Hima Kohli

  8. 09-May-2018

    ROP - of Main CaseView PDF

  9. 09-May-2018

    Fixed Date by Court

    Hon'ble Mr. Justice Ranjan Gogoi, Hon'ble Mr. Justice Abhay Manohar Sapre and Hon'ble Mrs. Justice R. Banumathi

  10. 03-May-2018

    ROP - of Main CaseView PDF

  11. 03-May-2018

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice Ranjan Gogoi and Hon'ble Mrs. Justice R. Banumathi

  12. 26-Apr-2018

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice Ranjan Gogoi and Hon'ble Mrs. Justice R. Banumathi

  13. 25-Apr-2018

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice Ranjan Gogoi and Hon'ble Mrs. Justice R. Banumathi

  14. 11-Sep-2017

    ROP - of Main CaseView PDF

  15. 11-Sep-2017

    First hearing

    Initial hearing scheduled

  16. 25-Aug-2015

    Office Report - of Main CaseView PDF

  17. 05-May-2015

    ROP - of Main CaseView PDF

  18. 05-May-2015

    ROP - of Main CaseView PDF

  19. 12-Sep-2014

    ROP - of Main CaseView PDF

  20. 12-Sep-2014

    ROP - of Main CaseView PDF

  21. 08-Aug-2014

    ROP - of Main CaseView PDF

  22. 03-Jul-2014

    ROP - of Main CaseView PDF

  23. 24-Oct-2013

    ROP - of Main CaseView PDF

  24. 19-Aug-2013

    ROP - of Main CaseView PDF

  25. 01-Jul-2013

    ROP - of Main CaseView PDF

  26. 22-Mar-2013

    ROP - of Main CaseView PDF

  27. 01-Mar-2013

    ROP - of Main CaseView PDF

  28. 04-Jan-2013

    Case filed

    Registration No. C.A. No. 9829/2014

View Full Judgment
casestatus.in Summary

Case Summary: Orissa Mining Corporation Ltd. v. Satyasai Mines and Minerals Ltd. Outcome: The Supreme Court allowed both appeals (CA 9829/2014 and CA 9830/2014), setting aside the High Court's orders and upholding OMC's forfeiture of earnest money deposits. The Court held that clear contractual forfeiture clauses must be enforced when buyers fail to lift ore within stipulated periods, as the EMD functions as a pre-estimated damage clause ensuring contract compliance. Key Facts: Satyasai failed to lift 63-65% of allocated iron ore within three-month deadlines (April-June 2010) and forfeited EMD of Rs. 16.10 lakh and Rs. 8.74 lakh respectively. The High Court had quashed forfeiture orders; the Supreme Court reversed this decision, emphasizing contract sanctity and noting OMC's actual losses exceeded forfeited amounts. This case analysis is maintained by casestatus.in based on publicly available court records.

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