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Indian Laws - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Validity of Arbitral award - whether the appellant is liable to ...

Indian Laws

July 8, 2015

Validity of Arbitral award - whether the appellant is liable to pay interest to the respondent though there was a provision in the contract that no interest should be paid on the amount payable to the contractor - Held No - Arbitral Tribunal was not justified in awarding interest - SC

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