Case of ONGC vs Beckfield Drilling Services Pvt Ltd, Supreme Court Judgement Dated 2nd September 2025. The apex court held that a general clause excluding interest on delayed payments or disputed claims cannot be construed as a prohibition to award pendente lite interest. It dismissed ONGC appeal & upheld the arbitral award granting interest @12% p.a. from the date of filing of claim before the arbitral tribunal.
