Bombay High Court Upholds Arbitral Award of 18% Interest in Commercial Dispute Over Television Serial Production. Court holds that arbitral tribunal's discretion to award interest under Section 31(7)(a) of the Arbitration and Conciliation Act, 1996 does not require evidence or reasons beyond the award's reasoning, and 18% is not per se excessive in commercial matters.
5 Dec 2013The appeal arose from a commercial dispute between Zee Entertainment Enterprises Limited (appellant) and Klassic Studios & Films Private Limited (resp...




