Search Results for "Arbitration Act"

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Search Results for "Arbitration Act"

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Supreme Court

Supreme Court Sets Aside High Court Order Condoning Delay in Arbitration Challenge. Limitation Period Under Section 34(3) of Arbitration and Conciliation Act, 1996 Held Absolute and Not Extendable Beyond 30 Days.

16 Dec 2021

The appellant, Mahindra and Mahindra Financial Services Ltd., had provided a loan to the respondent, Maheshbhai Tinabhai Rathod, for purchase of tract...

High Court

Supreme Court Allows Operational Creditor's Appeal in Insolvency Claim Delay Matter Applying COVID-19 Limitation Extension. The Court held that the period from 15.03.2020 to 14.03.2021 stands excluded in computing limitation for claim filing under the Insolvency and Bankruptcy Code, 2016, making the appellant's claim filed before 14.01.2021 timely.

29 Nov 2021

The dispute originated from a contractual relationship between GPR Power Solutions Private Limited (appellant) and Rohit Ferro Tech Limited (corporate...

Supreme Court

Supreme Court Partially Allows Appeal in Arbitration Award Case, Confirming Award for Referred Dispute While Setting Aside Excess Claims. Arbitrator Exceeded Jurisdiction by Deciding Disputes Beyond Scope of Bina Project Agreement Under Sections 2(a), 8, and 20 of Arbitration and Conciliation Act, 1996, Leading to Partial Quashing of Award.

25 Nov 2021

The dispute originated from a construction contract awarded to Saluja Construction Company by Northern Coalfields Limited for building 100 B-Type Quar...

Supreme Court

Supreme Court Dismisses Union of India's Appeal in Arbitration Interest Dispute, Upholding Arbitrator's Award. Contractual Clause Barring Interest on Specific Deposits Does Not Prohibit Arbitrator from Awarding Pendente Lite and Future Interest Under Section 31(7)(a) of the Arbitration and Conciliation Act, 1996.

18 Nov 2021

The dispute originated from a contract between the Union of India and Manraj Enterprises for three work contracts, leading to arbitration. The sole ar...

Supreme Court

Supreme Court Upholds Arbitration Award in Contract Dispute Over Liquidated Damages and Time as Essence of Contract. The Court held that time was not the essence of the contract for supply of pipes, and ONGC was entitled only to actual damages, not liquidated damages, under the Arbitration and Conciliation Act, 1996, Sections 34 and 37.

13 Nov 2021

The Supreme Court of India heard cross-appeals arising from arbitration proceedings between Welspun Specialty Solutions Limited (formerly Remi Metals ...

Supreme Court

Supreme Court Upholds Arbitral Award in Arbitration and Conciliation Act, 1996 Case Involving Breach of Settlement Deed. The Court held that the arbitration qualified as an international commercial arbitration under Section 2(1)(f) and that judicial interference under Section 34 was unwarranted, restoring the award of US$ 1.5 million as liquidated damages for breach of the Deed of Settlement dated 03.01.2011.

10 Nov 2021

The dispute arose from a soured business association between shareholders in Atlas Equifin Private Limited, India, which held shares in Multi Screen M...

Supreme Court

Supreme Court Dismisses State's Appeal in Arbitration Case Over Supervision Charges. The Court upheld the Arbitral Award disallowing supervision charges, finding no patent illegality in the Arbitrator's interpretation of the contract terms under the Arbitration and Conciliation Act, 1996, and rejected the waiver argument as the objection was raised in the Section 37 appeal.

8 Nov 2021

The dispute arose from an agreement dated 30 August 1979 between the State of Madhya Pradesh and M/s Sal Udyog Private Limited for the supply of Sal s...

Supreme Court

Supreme Court Quashes Criminal Proceedings Against Builder Directors in Property Development Dispute Due to Civil Nature of Allegations. Criminal Complaint for Cheating Under Sections 406, 419, 420 IPC Fails as Dispute Arose from Joint Development Agreement and Memorandum of Understanding, With Civil Remedies Available Through Arbitration and Pending Civil Suit.

26 Oct 2021

The Supreme Court of India heard a criminal appeal arising from a property development dispute between builder directors and a property owner. The bac...

Supreme Court

Supreme Court Dismisses Appeal Against Pre-Deposit Order Under MSME Act, Upholding Mandatory 75% Requirement. The Court Held That Section 19 of the Micro, Small and Medium Enterprises Development Act, 2006 Mandates Pre-Deposit for Challenging Awards, With Discretion Limited Only to Allowing Instalment Payments in Cases of Undue Hardship.

8 Oct 2021

The Supreme Court of India heard a civil appeal arising from a dispute between Gujarat State Disaster Management Authority and M/s Aska Equipments Lim...

Supreme Court

Supreme Court Dismisses Contractor's Appeal in Arbitration Case Upholding Contractual Interest Bar. Pendente Lite Interest Denied as Contract Clause Prohibiting Interest on 'Any Moneys Due' is Valid Under Section 31(7)(a) of Arbitration and Conciliation Act, 1996, and Does Not Violate Section 28 of Indian Contract Act, 1872.

4 Oct 2021

The appeal arose from a dispute between a contractor and Bharat Heavy Electricals Limited regarding a construction contract for a boundary wall at a p...

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