Bombay High Court Allows Judgment Creditor's Claim for Statutory Interest Under Section 31(7) of Arbitration Act and Reimbursement of Expenses in Execution Proceedings. The court held that the judgment creditor is entitled to statutory interest on the award amount and reimbursement of costs and expenses as determined by the Commissioner's report.
29 Jun 2005The case involves execution proceedings arising from a consent award dated 26th September 2001 passed by an Arbitral Tribunal. The award was in full a...






