Bharat Coking Coal544678Contract dispute
Supreme Court dismisses petition, upholds ₹46.20 crore decree with 10.5% interest in contract dispute
Supreme Court dismissed the company's petition in a contractual dispute.
By ScoutQuest · · 1 min read
- Decree Amount
- ₹46.20 crore
- Interest Rate
- 10.5% per annum
- Supreme Court Order Date
- 08.10.2026
Supreme Court dismisses petition in HEMM contract dispute
What happened
- The matter is a contractual dispute arising out of a contract awarded to AT-Libra BPL (JV), a project-specific Joint Venture, pursuant to the Notice Inviting Tender dated 27.12.2010.
- The contract was for hiring of Heavy Earth Moving Machinery (HEMM) for removal and rehandling of overburden and transportation of coal at Golukdih NC Project, Dhanbad.
- The Hon'ble Supreme Court of India, vide Order dated 08.10.2026, dismissed the petition shared by the company in CA No. 1629/2026, BCCL v. AT Libra and Ors.
The chain of orders
- The Supreme Court petition was against the Order dated 08.08.2024 of the Hon'ble High Court of Jharkhand in Commercial Appeal No. 18 of 2023.
- The High Court had affirmed the decree dated 08.05.2023 passed by the Ld. Commercial Court, Dhanbad.
- That decree directs the company to pay ₹46.20 crore along with interest at the rate of 10.5% per annum.
Where the matter stands
- With the Supreme Court dismissing the petition, the decree as affirmed by the High Court stands.
- The company has been advised by its conducting counsel to file a Review Petition against the Order.
What to watch
- The update states that further developments in the matter, as applicable, will be intimated. Investors can track any update on the Review Petition the company has been advised to file.
- The litigation is being disclosed because it has become material, and it involves a direction on payment of money with interest.
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More numbers
- Amount the decree directs the company to pay₹46.20 crore
- Interest rate on the amount10.5% per annum
Source: BSE · 14 Oct 2026
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