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Bombay High Court Dismisses Petition for Extension of Time to File Claim in Commodity Exchange Arbitration. Section 43(3) of Arbitration and Conciliation Act, 1996 Does Not Apply to Statutory Arbitrations Under Exchange Bye-Laws.

The petitioner, a trading-cum-clearing member of the National Commodity and Derivatives Exchange Limited (respondent no.2), filed a petition under Sec...

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High Court of Karnataka Dismisses Appeal for Condonation of Delay in Arbitration Matter — Delay of 270 Days Not Sufficiently Explained. Internal administrative procedures do not constitute sufficient cause for condonation of delay under Section 5 of the Limitation Act, 1963.

The case involves an appeal filed by the National Highways Authority of India (NHAI) and the Special Land Acquisition Officer against an order dated 3...

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Supreme Court Allows Appeal in Arbitration Case by Restoring Arbitral Award. High Court's Setting Aside of Award Under Section 37(1)(c) of Arbitration and Conciliation Act, 1996 Found Erroneous as It Exceeded Scope of Judicial Review.

The Supreme Court of India heard a civil appeal arising from a dispute between PSA Sical Terminals Pvt. Ltd., the appellant, and The Board of Trustees...

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Bombay High Court Adjudicates Writ Petition Against IGST Demand of Rs.1524 Crores on Arbitration Award Damages. Issue Pertains to Whether Damages Paid Under Deemed Decree Constitute Consideration for Taxable Service Under IGST Act, 2017.

The dispute centers on a writ petition filed by Tata Sons Private Limited (Tata) under Article 226 of the Constitution of India, challenging an intima...

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Bombay High Court Allows Appointment of Arbitrator Under Section 11(6) of Arbitration and Conciliation Act, 1996 in Dispute Over Plot Allotment for Hotel Construction. Dispute arose from non-payment of balance lease premium and alleged failure to achieve milestones by CIDCO.

The petitioner, Discovery Properties & Hotels Pvt. Ltd., filed a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking a...