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Arbitration Dispute: ₹3.5 Crore Deposit Direction Against National Projects Construction Corporation Upheld: Supreme Court

12 Aug 2026 7 min read

Arbitration Dispute: ₹3.5 Crore Deposit Direction Against National Projects Construction Corporation Upheld: Supreme Court

The Supreme Court has dismissed the appeal filed by National Projects Construction Corporation Ltd. (NPCC) and upheld the direction requiring NPCC to deposit ₹3.5 crore with the Registry of the Delhi High Court. The amount is to remain secured while proceedings challenging the arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996 are pending. Bench Examines Interim Protection Under Section 9 A Bench comprising Justice K. V.…

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