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Indian Laws - Highlights / Catch Notes

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Post-award interest - To be calculated on principal sum due u/s ...

Indian Laws

September 3, 2022

Post-award interest - To be calculated on principal sum due u/s 31(7)(b) of the Act - Claim of post award interest on the aggregte of the principal and pre-award interest - the arbitrator has the discretion to award post-award interest on a part of the ‘sum’; the ‘sum’ as interpreted in Hyder Consulting - SC

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