Misc, SC Judgement Dated 02/09/2025 – Contract clause not enough to deny Pendente Lite interest 

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. 

(Link: SC Judgement Dated 02/09/2025)

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