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Search Results for "Arbitral Tribunal"

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Supreme Court

Supreme Court Partly Allows Appeals in Arbitration Dispute Over Interest and Contract Interpretation. The Court held that arbitral tribunals have the power to award compound interest under Section 31(7) of the Arbitration and Conciliation Act, 1996, and that a Memorandum of Understanding merged into an Implementation Agreement for arbitration purposes based on contractual terms.

7 Jan 2022

The Supreme Court addressed two civil appeals arising from a common judgment of the High Court of Himachal Pradesh in an arbitration dispute between U...

Supreme Court

Supreme Court Dismisses Appeal in Arbitration Appointment Dispute Due to Appellant's Delay and Inaction. High Court's Refusal to Appoint Arbitrator Under Section 11(6) of Arbitration and Conciliation Act, 1996 Upheld as Appellant Slept Over Petition and Participated in Arbitral Proceedings, Leading to Ex Parte Award.

4 Jan 2022

The appeal arose from a dispute between parties over a contract agreement containing arbitration clauses 63 and 64. The appellant's tender was accepte...

Supreme Court

Supreme Court Allows Appeal in Arbitration Case and Remands Matter to Arbitrator for Additional Reasons Under Section 34(4) of Arbitration and Conciliation Act, 1996. The Court held that lack of detailed reasons in an arbitral award regarding illegal termination of contract is a curable defect, permitting remission to the arbitrator for elimination of grounds for setting aside.

3 Jan 2022

The appeal arose from an order of the High Court of Judicature at Bombay dismissing a Notice of Motion filed by the appellant under Section 34(4) of t...

Supreme Court

Supreme Court Sets Aside High Court Order Condoning Delay in Arbitration Challenge. Limitation Period Under Section 34(3) of Arbitration and Conciliation Act, 1996 Held Absolute and Not Extendable Beyond 30 Days.

16 Dec 2021

The appellant, Mahindra and Mahindra Financial Services Ltd., had provided a loan to the respondent, Maheshbhai Tinabhai Rathod, for purchase of tract...

Supreme Court

Supreme Court Allows Appeal Against Council Award for Non-Compliance with Mandatory Arbitration Procedure Under MSMED Act. Council's Order Without Proper Conciliation and Arbitration Proceedings Held Invalid.

15 Dec 2021

The appellant, Jharkhand Urja Vikas Nigam Limited, successor of Jharkhand State Electricity Board, entered into a contract with respondent No.3, M/s. ...

High Court

Supreme Court Allows Operational Creditor's Appeal in Insolvency Claim Delay Matter Applying COVID-19 Limitation Extension. The Court held that the period from 15.03.2020 to 14.03.2021 stands excluded in computing limitation for claim filing under the Insolvency and Bankruptcy Code, 2016, making the appellant's claim filed before 14.01.2021 timely.

29 Nov 2021

The dispute originated from a contractual relationship between GPR Power Solutions Private Limited (appellant) and Rohit Ferro Tech Limited (corporate...

Supreme Court

Supreme Court Dismisses Union of India's Appeal in Arbitration Interest Dispute, Upholding Arbitrator's Award. Contractual Clause Barring Interest on Specific Deposits Does Not Prohibit Arbitrator from Awarding Pendente Lite and Future Interest Under Section 31(7)(a) of the Arbitration and Conciliation Act, 1996.

18 Nov 2021

The dispute originated from a contract between the Union of India and Manraj Enterprises for three work contracts, leading to arbitration. The sole ar...

Supreme Court

Supreme Court Upholds Setting Aside of Arbitral Award Due to Procedural Unfairness and Appoints New Arbitrator in Railway Contract Dispute. Arbitrator's Haste in Denying Cross-examination and Excluding Evidence Violated Natural Justice Under Sections 34(2)(a)(iii) and 34(2)(b)(ii) of Arbitration and Conciliation Act, 1996, Leading to Award Being Quashed.

18 Nov 2021

The dispute originated from a 1993 contract awarded by Northern Railway to M/s. Narinder Singh and Sons for additional washing line work at Jammu Tawi...

Supreme Court

Supreme Court Upholds Arbitration Award in Contract Dispute Over Liquidated Damages and Time as Essence of Contract. The Court held that time was not the essence of the contract for supply of pipes, and ONGC was entitled only to actual damages, not liquidated damages, under the Arbitration and Conciliation Act, 1996, Sections 34 and 37.

13 Nov 2021

The Supreme Court of India heard cross-appeals arising from arbitration proceedings between Welspun Specialty Solutions Limited (formerly Remi Metals ...

Supreme Court

Supreme Court Allows Appeal in Arbitration Case, Reinstating District Judge's Decision Upholding Arbitral Award. High Court Exceeded Jurisdiction Under Section 37 of Arbitration and Conciliation Act, 1996 by Re-evaluating Evidence and Decreeing Claim, Contrary to Limited Scope of Judicial Review.

13 Nov 2021

The dispute originated from a contract dated 4 April 2002 between Punjab State Civil Supplies Corporation Ltd and M/s Ramesh Kumar and Company for the...

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