Interest in Arbitration

Supreme Court clarifies arbitrator’s discretion in awarding post-award interest: Morgan Securities vs. Videocon Industries (2022)

Supreme Court Clarifies Arbitrator’s Power on Post-Award Interest in Morgan Securities vs. Videocon Industries (2022) LEGAL ISSUE: Scope of arbitrator’s discretion to award post-award interest under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996. CASE TYPE: Arbitration Law Case Name: Morgan Securities And Credits Pvt. Ltd. vs. Videocon Industries Ltd. Judgment Date: 01 September […]

Supreme Court clarifies arbitrator’s discretion in awarding post-award interest: Morgan Securities vs. Videocon Industries (2022) Read Post »

Supreme Court clarifies the scope of “sum” under Section 31(7) of the Arbitration Act: Delhi Airport Metro Express Pvt. Ltd. vs. Delhi Metro Rail Corporation (2022)

Supreme Court Clarifies Interest Calculation Under Section 31(7) of the Arbitration Act: Delhi Airport Metro vs. Delhi Metro Rail (2022) LEGAL ISSUE: Whether the “sum” awarded under Section 31(7)(a) of the Arbitration and Conciliation Act, 1996 includes interest pendente lite. CASE TYPE: Arbitration Law Case Name: Delhi Airport Metro Express Private Limited vs. Delhi Metro

Supreme Court clarifies the scope of “sum” under Section 31(7) of the Arbitration Act: Delhi Airport Metro Express Pvt. Ltd. vs. Delhi Metro Rail Corporation (2022) Read Post »

Supreme Court Restricts Arbitrator’s Power to Award Interest When Contract Prohibits: Union of India vs. Manraj Enterprises (2021)

Supreme Court Restricts Arbitrator’s Power to Award Interest When Contract Prohibits: Union of India vs. Manraj Enterprises (2021) LEGAL ISSUE: Whether an arbitrator can award pendente lite and future interest when the contract between the parties expressly bars it. CASE TYPE: Arbitration Law Case Name: Union of India vs. Manraj Enterprises [Judgment Date]: 18 November

Supreme Court Restricts Arbitrator’s Power to Award Interest When Contract Prohibits: Union of India vs. Manraj Enterprises (2021) Read Post »

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