Bombay High Court Partially Sets Aside Arbitral Award in Construction Dispute — Award of Interest on Interest and Pendente Lite Interest on Mobilisation Advance Held Contrary to Contract. The court found patent illegality in the award of compound interest and interest on mobilisation advance beyond contractual terms, and remitted counter claims for fresh consideration.
13 Aug 2015The petitioner, M/s P.N. Writer & Co. Pvt. Ltd., challenged an arbitral award dated 13 February 2012 under Section 34 of the Arbitration and Conciliat...





