Bombay High Court Upholds Arbitral Award Granting Pre-Reference Interest in Government Contract Dispute. Court holds that arbitrators have power to award interest for pre-reference period under the Arbitration Act, 1940, and such award is not liable to be set aside unless perverse or contrary to contract terms.
21 Mar 2012The Government of Maharashtra, through its Irrigation Department, appealed against a judgment and order dated 24.4.1992 passed by the Civil Judge, Sen...





