Supreme Court Upholds Delhi High Court Ruling that BSNL has Satisfied 2000 Arbitral Award

The Supreme Court dismissed BWL Limited’s plea challenging a Delhi High Court order holding that Bharat Sanchar Nigam Limited (BSNL) had satisfied a 2000 arbitral award.

The dispute concerned the computation of post-award interest. The Delhi High Court held that post-award interest was payable only on the principal sums and not on the pendente lite interest, and concluded that no further amount was due.

Refusing to interfere, the Supreme Court observed that it was not inclined to disturb the High Court’s judgment, thereby bringing the long-standing execution dispute to an end. 

[BWL Ltd. v. Bharat Sanchar Nigam Ltd.]