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Search Results for "Arbitration award execution"

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High Court

Bombay High Court Partially Allows BSNL's Challenge to Arbitral Award in Advertisement Contract Dispute — Reduces Interest Rate from 24% Compound to 18% Simple. The court held that an arbitral award granting 24% compound interest per annum is exorbitant and contrary to public policy under Section 34 of the Arbitration and Conciliation Act, 1996, and reduced it to 18% simple interest.

5 Jan 2015

The petitioner, Bharat Sanchar Nigam Ltd. (BSNL), a statutory body, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, c...

High Court

High Court of Karnataka Dismisses Appeal Against Arbitral Award in Construction Dispute — Upholds Commercial Court's Refusal to Set Aside Award. NCBS's challenge under Section 34 of Arbitration and Conciliation Act, 1996 fails as no grounds under Section 34(2) established.

18 Jun 2026

The National Centre for Biological Sciences (NCBS) filed an appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 (A&C Act) agai...

High Court

High Court of Karnataka Dismisses Appeal Against Arbitral Award in Construction Dispute — No Patent Illegality Found. Section 37(1)(c) of Arbitration and Conciliation Act, 1996 — Court upholds award of ₹3,52,50,404/- for unpaid work, rejecting challenge on grounds of erroneous interpretation of contract and evidence.

18 Jun 2026

The National Centre for Biological Sciences (NCBS) filed a commercial appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996, cha...

High Court

High Court of Karnataka Allows Appeal in Partnership Dispute — Sets Aside Appellate Decree for Non-Compliance with Order 41 Rule 31 CPC. Failure to Frame Points for Determination and Provide Independent Reasoning Renders Appellate Judgment Unsustainable.

25 Nov 2022

The appellant (defendant) challenged the judgment of the II Additional Civil Judge (Sr. Dvn.) Hubballi in RA No.126/2004 dated 12.12.2006, which rever...

High Court

Bombay High Court Dismisses Appeals Against Rejection of Arbitration Petitions as Time-Barred. Service of Arbitral Award Under Section 31(5) of Arbitration and Conciliation Act, 1996 Held Valid When Sent by Registered Post to Correct Address.

24 Nov 2015

The appellants, Apex Encon Projects Pvt. Ltd. and Padmavati Nekkanti, filed appeals against a common order dated 16th July 2014 passed by a learned Si...

High Court

High Court of Karnataka Quashes Executing Court's Orders on Stamp Duty Calculation for Arbitration Award Execution. Stamp duty on award under Article 11(b) of Karnataka Stamp Act, 1957 is payable on principal amount only, not on interest and costs.

27 Jun 2022

The petitioner, Shriram City Union Finance Ltd., a finance company, had initiated arbitration proceedings against the respondents for recovery of an o...

High Court

High Court of Karnataka Dismisses Appeal Against Arbitral Award in Construction Dispute — Upholds Commercial Court's Refusal to Set Aside Award. The court held that the arbitral tribunal's findings on contractual interpretation and quantum of damages were within its jurisdiction and not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

18 Jun 2026

The National Centre for Biological Sciences (NCBS) filed a commercial appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996, cha...

Supreme Court

Supreme Court Partially Allows Appeal in Arbitration Dispute Over Road Widening Contract — Upholds High Court's Setting Aside of Claims for Idle Labour and Interest on Delayed Bills, Restores Claim for Interest on Blocked Capital. The Court held that the High Court correctly set aside claim for idle labour as per contract terms, but erred in setting aside interest on delayed payment where contract did not prohibit it.

27 Aug 2024

The dispute arose from a contract for widening and strengthening of a road in West Bengal, awarded to Pam Developments Private Limited (the appellant)...

Supreme Court

Supreme Court Allows Appeal in Electricity Act Arbitration Dispute — Holds That Captive Generating Plant Using Open Access to Wheel Power to Its Own Units Is a 'Generating Company' Under Section 86(1)(f). The Court Clarifies That the Term 'Generating Company' Includes a Captive Generating Plant and That Disputes Arising from Open Access Agreements for Wheeling Power to Own Units Fall Within the Arbitral Jurisdiction of the State Commission.

4 Dec 2019

The Supreme Court allowed the appeal filed by Hindustan Zinc Limited (HZL) against the judgment of the Rajasthan High Court, which had set aside an ar...

High Court

Bombay High Court Partially Allows Appeals Against Arbitrator's Interim Order in Share Dispute — Upholds Injunction but Sets Aside Directions for Affidavit of Assets and Restraint on Alienation. The court held that the arbitrator exceeded jurisdiction by granting relief akin to Order 38 Rule 5 CPC without proper pleadings, but upheld other interim measures under Section 17 of the Arbitration and Conciliation Act, 1996.

17 Jul 2014

The judgment concerns two arbitration petitions arising from a dispute between Tulsi Castings and Machining Limited (and its directors) and India Vent...

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