Supreme Court Upholds Arbitral Award of Interest: Union of India vs. M/s. Susaka Pvt. Ltd. (2017)

/ Abhay Manohar Sapre, Arbitration and Conciliation Act, 1996 with Section 11(5), Arbitration and Conciliation Act, 1996 with Section 31(7), Arbitration and Conciliation Act, 1996 with Section 34, Arbitration Law, Contract Law, Contract Law with Clause 13(3), General Conditions of Contract, Judges, Navin Sinha

LEGAL ISSUE: Whether an arbitral tribunal can award interest on claims when the contract contains a clause prohibiting interest, and whether such an issue can be raised for the first time in appeal. CASE TYPE: Arbitration Law Case Name: Union of India vs. M/s. Susaka Pvt. Ltd. & Ors. Judgment Date: 08 December 2017 Date […]

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