Search Results for "Modified Award"

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Search Results for "Modified Award"

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High Court

Bombay High Court Dismisses Section 9 Petition as Infructuous in Arbitration Award Enforcement Dispute — Pending Section 34 Challenge Renders Interim Relief Unnecessary. Court holds that an arbitral award is not enforceable under Section 36 of the Arbitration and Conciliation Act, 1996 while a Section 34 petition to set aside the award is pending, and thus a Section 9 petition for stay of the award is infructuous.

10 Mar 2011

The petitioner, Reliance Securities Limited, filed an Arbitration Petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking a sta...

High Court

Bombay High Court Dismisses Section 37 Appeals, Upholding Arbitral Award Against Project Owner in Construction Dispute. Project Owner Bound by Arbitration Clause Though Non-Signatory, Owing to Active Participation and Common Intention Under Cox and Kings Principle.

3 Nov 2025

The Bombay High Court considered three appeals under Section 37 of the Arbitration and Conciliation Act, 1996 arising from a construction contract dis...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Stock Broker Dispute — Upholds Award of Damages for Unauthorized Share Transactions. Court holds that arbitral tribunal's findings on unauthorized trades and liability of broker are not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

30 Jul 2013

The petitioner, Kotak Securities Limited, a registered stock broker, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 c...

High Court

Bombay High Court Allows Cooperative Bank's Petition Against Setting Aside of Ex Parte Award Against Principal Borrower. Principal Borrower Cannot Participate in Proceedings Without Depositing Loan Amount.

2 May 2019

The case involves two writ petitions filed by Rupee Cooperative Bank Limited against Vijaya Paints Pvt. Ltd. and others. The bank had obtained an ex p...

High Court

Bombay High Court Dismisses Stay Application in Arbitral Award Challenge — No Automatic Stay Under Section 36 of Arbitration Act Without Strong Prima Facie Case. Court holds that mere filing of Section 34 petition does not warrant stay; applicant must demonstrate irreparable harm and balance of convenience.

14 Dec 2020

The judgment concerns an interim application filed by Kishor N Shah and others (the Shahs) under Section 36 of the Arbitration and Conciliation Act, 1...

Supreme Court

Supreme Court Dismisses Appeal Challenging Arbitration Award in Contract Dispute — Error of Law Not Apparent on Face of Award, and Arbitrator Had Jurisdiction to Award Future Interest. The Court held that an award can only be set aside if an erroneous legal proposition is found in the award itself or an incorporated document, and that the arbitrator, having all questions referred, had implied authority to grant interest from the date of award until decree under the Arbitration Act, 1940.

14 Sep 1966

The dispute arose from certain contracts between the Union of India and Bungo Steel Furniture Pvt. Ltd., which were referred to arbitration. The arbit...

Supreme Court

Supreme Court Partially Allows Appeal in Arbitration Dispute Over Road Widening Contract — Upholds High Court's Setting Aside of Claims for Idle Labour and Interest on Delayed Bills, Restores Claim for Interest on Blocked Capital. The Court held that the High Court correctly set aside claim for idle labour as per contract terms, but erred in setting aside interest on delayed payment where contract did not prohibit it.

27 Aug 2024

The dispute arose from a contract for widening and strengthening of a road in West Bengal, awarded to Pam Developments Private Limited (the appellant)...

High Court

Bombay High Court Hears Arbitration Petition - ONGC Challenges Umpire’s Award Granting Six Days’ Extension in Pipeline Project. Petition contends that the extension was granted in breach of contract clauses 5.9 and 41.8 and without evidence, after rejecting the related claim for cost of repairs.

12 Aug 2014

The dispute arose from a contract dated 6 November 1989 between Oil and Natural Gas Corporation Limited (ONGC) as employer and a consortium of foreign...

High Court

KAHC030020522019_1

22 Dec 2020

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High Court

Bombay High Court Partially Allows Challenges to Arbitral Award in Co-operative Bank Dispute — Upholds Liability of Guarantor but Sets Aside Interest Rate and Costs. The court held that the arbitrator exceeded jurisdiction by awarding interest at 24% per annum and costs without agreement, but upheld the principal liability under the guarantee.

27 Jan 2017

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award da...

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