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 1966The dispute arose from certain contracts between the Union of India and Bungo Steel Furniture Pvt. Ltd., which were referred to arbitration. The arbit...
