Supreme Court Upholds Contractual Bar on Interest in Arbitration: Jaiprakash Associates Ltd. vs. THDC (2019)

/ A.K. Sikri, Arbitration and Conciliation Act, 1996, Arbitration Law, Arbitration Law with Section 31(7)(a), Contract Law, Contract Law with Clause 50, Contract Law with Clause 51, Contractual Interpretation, Judges, M. R. Shah, S. Abdul Nazeer

Supreme Court Upholds Contractual Bar on Interest in Arbitration: Jaiprakash Associates Ltd. vs. THDC (2019) LEGAL ISSUE: Whether an arbitrator can award interest when the contract between parties explicitly prohibits it. CASE TYPE: Arbitration Law Case Name: Jaiprakash Associates Ltd. vs. Tehri Hydro Development Corporation India Ltd. Judgment Date: 07 February 2019 Date of the […]

Supreme Court Upholds Contractual Bar on Interest in Arbitration: Jaiprakash Associates Ltd. vs. THDC (2019) Read Post »