Search Results for "Arbitration Act, 1940"

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High Court of Bombay Allows Union of India's Appeal Against Modification of Arbitrator's Award on Interest Rate in Construction Contract Dispute. Arbitrator's discretion to award interest at 12% per annum upheld as reasonable under Section 29 of the Arbitration Act, 1940.

The case arises from a construction contract awarded by the Union of India (appellant) to M/s Bajaj & Co. (respondent) in 1986 for building an Air Rou...

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Bombay High Court Dismisses Government Appeal in BOT Bridge Dispute. Court upholds arbitral award granting escalation costs and interest to contractor for owner's delay in providing right of way and toll collection issues.

The Government of Maharashtra, through the Executive Engineer, Alibag Public Works Division, filed an appeal under Section 37 of the Arbitration and C...

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High Court of Karnataka Allows Union of India's Revision in Arbitration Execution Case Due to Merger of Interim Award with Final Award. Interest Calculation Must Be Based on Final Award Under Section 31(7)(b) of Arbitration and Conciliation Act, 1996.

The Union of India, owning South Western Railway, filed a civil revision petition under Section 115 of the Code of Civil Procedure, 1908, challenging ...

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Bombay High Court Dismisses Section 34 Petition for Lack of Jurisdiction Due to Exclusive Jurisdiction Clause in Lease Agreement. Parties Agreed That Chennai City Court Alone Has Exclusive Jurisdiction Over Disputes, Despite Arbitration in Mumbai.

The petitioner, Vachaspati Sharma, challenged an arbitral award dated 16 June 2011 under Section 34 of the Arbitration and Conciliation Act, 1996, bef...