Supreme Court Upholds Arbitrator’s Power to Award Interest Pendente Lite in Contract Disputes: Raveechee and Co. vs. Union of India (3 July 2018)

/ Arbitration Act of 1940 with Section 17, Arbitration Law, Arbitrator's Power, Breach of contract, Contract Interpretation, Contract Law, Interest Pendente Lite, Judges, L. Nageswara Rao, S.A. Bobde

Supreme Court Upholds Arbitrator’s Power to Award Interest Pendente Lite: Raveechee and Co. vs. Union of India (2018) LEGAL ISSUE: Whether a clause in a contract barring interest on certain amounts also restricts an arbitrator’s power to award interest pendente lite. CASE TYPE: Arbitration Law. Case Name: M/s Raveechee and Co. vs. Union of India. […]

Supreme Court Upholds Arbitrator’s Power to Award Interest Pendente Lite in Contract Disputes: Raveechee and Co. vs. Union of India (3 July 2018) Read Post »