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Search Results for "Arbitration award"

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Supreme Court

Supreme Court Restores Arbitration Award for Delayed Payment and Interest in Dispute with State of West Bengal. The Supreme Court upheld the arbitration award for claims related to delayed payment and interest, providing clarity on the interpretation of contractual clauses and the scope of judicial review under the Arbitration and Conciliation Act, 1996.

23 Aug 2024

The Supreme Court addressed a dispute between the State of West Bengal and a contractor concerning claims arising from the delayed execution of a road...

Supreme Court

Supreme Court Rules Against Compound Interest in Arbitration Awards. Clarity on Interest Computation in Arbitration Awards

7 Aug 2024

The Supreme Court of India addressed the issue of whether compound interest could be awarded on an arbitration award. The case involved M/s D. Khosla ...

High Court

Arbitration Battle Over Ganatra Hotels: Panchamias vs. Ganatra Group. Complex Dispute Involving Share Transfers, Valuation Discrepancies, and Legal Contentions Reaches Judicial Review

12 Jul 2024

This case involves two connected Commercial Arbitration Petitions arising from an Arbitral Award dated 5th April 2016. The primary parties are the Pan...

Supreme Court

Supreme Court Upholds Arbitral Awards. Limited Scope for Challenge Under Arbitration Act

7 May 2024

Arbitration and Conciliation Act, 1996 - Construction of Contract Terms - Applicability of Sections 34 and 37 - Scope of Interference in Arbitral Awar...

Supreme Court

Delhi Metro Rail Corporation Ltd. vs. Delhi Airport Metro Express Pvt. Ltd.: Supreme Court’s Curative Ruling on Arbitration Award Restores High Court Verdict. Supreme Court overturns an arbitral award in favor of DAMEPL, citing patent illegality and a miscarriage of justice, reinstating the High Court’s findings.

10 Apr 2024

A curative petition filed by Delhi Metro Rail Corporation (DMRC) against Delhi Airport Metro Express Pvt. Ltd. (DAMEPL), the Supreme Court quashed an ...

Supreme Court

Supreme Court of India Enforces Foreign Arbitration Award Amid Allegations of Bias. India reaffirms its commitment to enforcing foreign arbitration awards, dismissing challenges based on bias and public policy.

4 Mar 2024

The Supreme Court of India upheld the Bombay High Court's decision to enforce a foreign arbitration award rendered by the Singapore International Arbi...

Supreme Court

Supreme Court Allows Civil Appeal in Arbitration Dispute, Restoring Arbitral Award Modified by Lower Courts. Judicial Interference Under Section 34 of Arbitration and Conciliation Act, 1996 is Limited, and Courts Cannot Re-appreciate Evidence or Modify Awards on Merits.

4 Jan 2024

The dispute arose from a construction contract between a civil engineering contractor and the Karnataka State Public Works Department for building off...

Supreme Court

Supreme Court Dismisses Developer's Appeals in Consumer Dispute Over Delayed Housing Project. Developer's liability to refund allottees upheld due to breach of construction timeline under Tripartite Agreement, with consumer fora jurisdiction affirmed despite arbitration clause.

13 Apr 2023

The dispute arose from a housing project named 'Pride Asia' in Chandigarh, where the Chandigarh Housing Board (CHB) was appointed as the nodal agency ...

Supreme Court

Supreme Court Dismisses Revenue's Appeal in Income Tax Act Case Upholding Revisional Jurisdiction. Commissioner Validly Set Aside Assessment Order as Payment to Shareholders Was Not 'Cost of Improvement' Under Capital Gains Computation Under Sections 48 and 263 of Income Tax Act, 1961.

6 Apr 2023

The dispute arose from an income tax assessment concerning the sale of a property named 'Paville House' by the respondent assessee, a company engaged ...

Supreme Court

Supreme Court Reverses High Court in SICA Case on Unsecured Creditor Rights - Sanctioned Rehabilitation Scheme Binding on All Creditors. Court held that under Sections 18(8) and 32 of Sick Industrial Companies (Special Provisions) Act, 1985, unsecured creditors cannot opt out of scaled-down payments and must accept scheme terms for company revival.

17 Mar 2023

The Supreme Court addressed a group of appeals concerning the binding effect of rehabilitation schemes sanctioned under the Sick Industrial Companies ...

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