Arbitration Act 1940

14th Dec, 2016

Proviso to Section 34(3) of the Arbitration Act is applicable only when there is sufficient cause for not making the application within the prescribed period #indianlaws

Delhi High Court in a recent judgment has held that for application of the provisions of Section 34(3) of the Arbitration Act and, in particular, the proviso thereto, before the further period of 30 days is triggered, […]
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20th Mar, 2016

Contract if expressly bars award of interest pendente lite, the same cannot be awarded by the Arbitrator #indianlaws

The Supreme Court, in this case has held that Arbitrator appointed with or without the intervention of the court, has jurisdiction to award interest, on the sums found due and payable, for the pre-reference period, […]
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12th Aug, 2015

Arbitrator’s decision is generally binding upon the parties as it is a tribunal selected by the Parties#indianlaws

The Hon’ble Supreme Court has held that arbitrator’s adjudication is generally considered binding between the parties for he is a tribunal selected by the parties and the power of the court to set aside the […]
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