Search Results for "discretionary interest"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Enhances Child Maintenance and Grants Interim Medical Maintenance ...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...

Search Results for "discretionary interest"

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High Court

Bombay High Court Hears Employer’s Petition under Section 34 of Arbitration Act Challenging Arbitral Award Directing Allotment of ESOP Shares to Ex-Employee. Questions Arise on Whether Absence of Formal ESOP Scheme Under Companies Act, 2013 Invalidates Contractual Vesting of Options and Whether Specific Performance Was Appropriate Remedy.

5 Aug 2026

The petitioner, Waterfield Advisors Private Limited, a management consultancy firm, filed this petition under Section 34 of the Arbitration and Concil...

Supreme Court

Supreme Court Considers Appeal Against High Court Judgment Dismissing Challenge to Arbitral Award in Bill Discounting Dispute — Contractual Interest Rate of 36% Per Annum with Monthly Rests Upheld. High Court's Upholding of Arbitral Award on Interest Rate Based on Mutual Agreement Between Commercial Parties and Not Opposed to Public Policy.

1 Jan 1970

The dispute arose from a bill discounting facility extended by the respondent to a seller (BDDL) and buyer (appellant) of goods. The appellant and BDD...

Supreme Court

Supreme Court Allows Appeal in Arbitration Execution Matter — Post-Award Interest Calculation Must Follow Hyder Consulting Principle. Court holds that post-award interest under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996 is payable on the entire sum awarded including pre-award interest, overruling S.L. Arora.

13 Dec 2024

The dispute arose from a contract awarded by the North Delhi Municipal Corporation (appellant) to M/s. S.A. Builders Ltd. (respondent) in 1983 for con...

High Court

Bombay High Court Dismisses Appeals in Property Suit — Upholds Refusal to Strike Out Defence Under Order 8 Rule 10 CPC for Failure to File Written Statement Within 90 Days. The court held that the power to strike out defence is discretionary and not automatic, and that non-disclosure of defence under Order 6A Rule 3 CPC does not justify striking out.

21 Dec 2017

The present appeals arise from a suit filed in 1987 by Behram Nowrosji Gamadia and Jehangir Dhan Mistri (original plaintiffs) against several defendan...

Supreme Court

Supreme Court Holds Unilateral Appointment of Arbitrators Violates Equality Principle Under Section 18 of Arbitration and Conciliation Act, 1996. Party Autonomy Cannot Override Mandatory Requirement of Independence and Impartiality, and Unilateral Appointment Clauses in Public-Private Contracts Are Unconscionable and Void.

13 Nov 2024

The Supreme Court of India, in a Constitution Bench judgment, addressed the validity of unilateral appointment of arbitrators under the Arbitration an...

High Court

High Court of Bombay Hears Writ Petition Seeking Quashing of Order and Reference under Section 92BA(i) of Income Tax Act, 1961. Petitioner challenges classification of three transactions as Specified Domestic Transactions based on related party and expenditure definitions.

20 Dec 2018

The petitioner, HDFC Bank Ltd., a banking company, filed a writ petition under Article 226 challenging an order and reference passed by the Assistant ...

High Court

Bombay High Court Hears Petition under Section 34 of the Arbitration and Conciliation Act, 1996, Challenging the Majority Arbitral Award's Decision on Quantum of Construction Costs. Petitioner, Claimant in Development Dispute, Asserts That Majority Award Erred in Awarding Cost at Rs.775 per sq.ft. Instead of Actual Cost of Rs.7.26 Crores and Failed to Grant Interest and Costs.

3 Jun 2019

The matter originated from a development agreement dated 29 October 1993 between the petitioner, Caprihans India Limited, and the respondent, Hindoost...

High Court

KAHC010403282026_2

23 Jul 2026

The petitioner, a partnership firm, challenged the award of a rate contract for supply of Liquid Sodium Hypochlorite Solution 5% 5ltr (drug code 430) ...

Supreme Court

Supreme Court Dismisses Appeal Challenging Arbitration Award in Contract Dispute — Error of Law Not Apparent on Face of Award, and Arbitrator Had Jurisdiction to Award Future Interest. The Court held that an award can only be set aside if an erroneous legal proposition is found in the award itself or an incorporated document, and that the arbitrator, having all questions referred, had implied authority to grant interest from the date of award until decree under the Arbitration Act, 1940.

14 Sep 1966

The dispute arose from certain contracts between the Union of India and Bungo Steel Furniture Pvt. Ltd., which were referred to arbitration. The arbit...

High Court

Bombay High Court Examines Constitutional Validity of Food Safety and Standards Act, 2006 Upon Challenge by Trade Associations. Court Holds That Constitutional Challenge Cannot Be Abstract and Requires Factual Foundation of Adverse Action, But Proceeds to Hear Merits for Recurring Issues.

16 Sep 2015

The Bombay High Court heard a batch of three writ petitions filed by trade associations—the Association of the Traders carrying the Food Business, M...

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