Search Results for "post-award interest"

6 result(s) found

Scroll Down To Discover

Found 6 result(s)

© Image Copyrights Juris Services & Technology

High Court Dismisses Municipal Corporation's Challenge to Arbitral Award Setting Aside Penalties, Termination, and Blacklisting in Sewerage Treatment Plant Contract Dispute

The High Court of Bombay heard cross-petitions challenging an arbitral award dated 18 June 2020 in a dispute between Solapur Municipal Corporation and...

© Image Copyrights Juris Services & Technology

Contractual Bar on Pendente Lite Interest: Strict Construction Required Under Arbitration Act, 1940. Supreme Court Upholds Arbitrator’s Power to Award Interest Unless Expressly Barred in Contract

Arbitration Act1940 Act: Arbitrator has inherent power to award pendente lite interest unless expressly barred by contract (Para 8, 10). Strict Co...

© Image Copyrights Juris Services & Technology

Post-Award Interest in Arbitration: Supreme Court Clarifies Computation. Determining if post-award interest applies to principal only or includes pre-award interest.

This case revolves around the North Delhi Municipal Corporation v. M/S S.A. Builders Ltd., in which the key issue pertains to post-award interest unde...

© Image Copyrights Juris Services & Technology

Supreme Court Rules Against Compound Interest in Arbitration Awards. Clarity on Interest Computation in Arbitration Awards

The Supreme Court of India addressed the issue of whether compound interest could be awarded on an arbitration award. The case involved M/s D. Khosla ...