Search Results for "Arbitration Act, 1940"

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Bombay High Court Allows Raymond Limited's Appeals in Central Excise Cenvat Credit Dispute. Cenvat Credit of AED (T&TA) on Inputs Can Be Utilized for Payment of BED on Final Products.

The appellant, Raymond Limited, is a company manufacturing blankets from woollen fibres. The blankets attract only Basic Excise Duty (BED) and not Add...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Service Tax Reimbursement Dispute. Contractual interpretation of service tax liability under security services contract upheld by arbitrator.

The petitioner, Bombay Intelligence Security (India) Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challengin...

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Bombay High Court Allows Appeal Against Conversion Date in Execution of Foreign Currency Decrees Under Section 44-A CPC. Relevant Date for Conversion Held to Be Date of Foreign Decree, Not Date of Enforceability After Removal of Stay.

The appeals arose from execution proceedings to enforce foreign costs decrees obtained by the respondents (Ananda Bazar Patrika Limited and Aveek Sark...

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High Court of Karnataka Quashes Summons to Arbitrator in Section 34 Proceedings — Arbitrator Not a Necessary Party Under Arbitration and Conciliation Act, 1996. Arbitrator cannot be arrayed as defendant in arbitration suit challenging award under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Sri H.N.M. Prasad, a practicing advocate, acted as an arbitrator and passed an arbitral award on 10.3.2015 in a dispute between Smt. V...

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Bombay High Court Allows Contractor's Appeal in Arbitration Jurisdiction Dispute — Arbitrator Appointed Under Clause 55 of Contract Has Jurisdiction Despite Final Bill Payment. Claims Rejected in December 1993 Gave Fresh Cause of Action, Appointment in 1994 Valid.

The case involves a dispute between the State of Maharashtra (plaintiff/respondent) and M/s M.R. Mutha, Engineers and Contractors (defendant/appellant...

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Bombay High Court Dismisses Writ Petition in Central Excise Appeal Limitation Case — Commissioner (Appeals) Has No Power to Condon Delay Beyond 60 Days Under Section 35 of Central Excise Act, 1944. Appeal filed beyond 90 days from order date cannot be entertained.

The petitioner, M/s Sheetal Enterprises, a manufacturer of industrial lubricants, availed benefit of Nil rate of duty for export under Rules 13 and 14...

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Supreme Court Dismisses Appeal by Seller Against Union of India Over Forward Contract Dispute. Contract Held to be a Non-Transferable Specific Delivery Contract under Section 2(f) of Forward Contract (Regulation) Act, 1952, and Thus Not Illegal.

The dispute arose from a contract entered into in September 1960 between appellant Modi & Co. and the respondent Union of India, acting through the Di...

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High Court of Bombay Dismisses Union of India's Appeal Against Arbitral Award of Interest in Railway Contract Dispute. Clause 16(2) Prohibiting Interest on Contractual Amounts Does Not Bar Interest on Award Amount Under Section 31(7)(b) of Arbitration and Conciliation Act, 1996.

The appellant, Union of India, challenged an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, which was rejected by the ...