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REPORTABLE
 
IN THE SUPREME COURT OF INDIACIVIL APPELLATE JURISDICTION CIVIL APPEAL NO.7019 OF 2005Bharat Aluminium Co. ...AppellantVERSUSKaiser Aluminium Technical Service, Inc. ...RespondentWITHCIVIL APPEAL NO.6284 OF 2004M/s. White Industries Australia Ltd. ...AppellantVERSUSCoal India Ltd. ...RespondentWITHCIVIL APPEAL NO.3678 OF 2007Bharat Aluminium Co. Ltd. ...AppellantVERSUSKaiser Aluminium Technical Service, Inc. ...RespondentWITH
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TRANSFERRED CASE (C) NO.35 OF 2007Harkirat Singh ...PetitionerVERSUSRabobank International Holding B.V. ...RespondentWITHSPECIAL LEAVE PETITION (C) NOS. 3589-3590 of 2009Tamil Nadu Electricity Board ...PetitionerVERSUSM/s. Videocon Power Limited & Anr. ...RespondentsWITHSPECIAL LEAVE PETITON (C) NOS. 31526-31528 of 2009Tamil Nadu Electricity Board ...PetitionerVERSUSM/s. Videocon Power Ltd. & Anr. ...RespondentsWITH
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SPECIAL LEAVE PETITON (C) NO. 27824 of 2011Bharati Shipyard Ltd. ...PetitionerVERSUSFerrostaal AG & Anr. ...RespondentsWITHSPECIAL LEAVE PETITION (C) NO. 27841 of 2011Bharati Shipyard Ltd. ...PetitionerVERSUSFerrostaal AG & Anr. ...Respondents
 
J U D G M E N TSURINDER SINGH NIJJAR, J.
1.Whilst hearing C.A. No. 7019 of 2005, a two JudgeBench of this Court, on 16
th
January, 2008, passed thefollowing order:-“In the midst of hearing of these appeals, learnedcounsel for the appellant has referred to the three- Judges Bench decision of this Court in BhatiaInternational Vs. Bulk Trading S.A. & Anr., (2002) 4SCC 105. The said decision was followed in a recentdecision of two Judges Bench in Venture GlobalEngineering Vs. Satyam Computer Services Ltd. &Anr. 2008 (1) Scale 214. My learned brother Hon'bleMr. Justice Markandey Katju has reservation on thecorrectness of the said decisions in view of the
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