Search Results for "interest component"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Issues Notice in Service Matter Challenging Deletion of Names ...
High Court of Karnataka Allows Appeals Against Ex Parte Interim Injunction in Pr...
High Court of Karnataka Allows Revision Petition in Private Complaint Case — T...
High Court of Karnataka Allows Revision Petition in Private Complaint Case — T...

Search Results for "interest component"

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High Court

High Court Dismisses Petitions Under Section 37 of Arbitration and Conciliation Act, 1996, Upholding Arbitral Tribunal's Refusal of Interim Relief for Possession of Flats. Arbitral Tribunal's Discretion in Denying Interim Measures Under Section 17 Upheld, as No Patent Illegality or Perversity Demonstrated in Orders Dated February 14, 2019 and December 15, 2022.

5 Mar 2026

The dispute originated from a Joint Development Agreement dated August 20, 2009, between the Owner (late Petitioners, represented by legal heirs) and ...

High Court

High Court Allows Appeal in Commercial Arbitration Case, Restoring Arbitral Award on Price Adjustment Claim. The Court held that the Commercial Court erred in re-appreciating evidence and interpreting contract clauses under Section 34 of the Arbitration and Conciliation Act, 1996, as the arbitral award was based on material evidence and not patently illegal.

2 Mar 2026

The dispute arose from a contract dated 09.07.2018 between the appellant, a contractor, and the respondent, the Deputy Commissioner of Dharwad Distric...

High Court

High Court Quashes Stamp Duty Demand and Order in Writ Petition by Petitioner Against State of Maharashtra Under Maharashtra Stamp Act, 1958 Due to Time-Barred Proceedings and Erroneous Computation

24 Feb 2026

The Petitioner, challenged Demand Notices and an Order by the Collector of Stamps and CCRA under the Maharashtra Stamp Act, 1958, alleging a deficit i...

Supreme Court

Supreme Court Allows Appeal in Arbitration Execution Matter — Post-Award Interest Calculation Must Follow Hyder Consulting Principle. Court holds that post-award interest under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996 is payable on the entire sum awarded including pre-award interest, overruling S.L. Arora.

13 Dec 2024

The dispute arose from a contract awarded by the North Delhi Municipal Corporation (appellant) to M/s. S.A. Builders Ltd. (respondent) in 1983 for con...

Supreme Court

Supreme Court Allows Appeals in Electricity Tariff Dispute — Gujarat Urja Vikas Nigam Limited v. Renew Wind Energy (Rajkot) Pvt Ltd. Renewable Energy Certificate (REC) Scheme does not override State Commission's power to determine tariff for wind energy under Section 62 of the Electricity Act, 2003.

13 Apr 2023

The case involves appeals under Section 125 of the Electricity Act, 2003, by Gujarat Urja Vikas Nigam Limited and other distribution licensees against...

Supreme Court

Supreme Court Dismisses Appeal in Arbitration Case Upholding Arbitrator's Discretion on Post-Award Interest. The Court held that under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996, the arbitrator has discretion to determine the quantum for post-award interest, and since the award specified interest only on the principal, the statutory default did not apply.

1 Sep 2022

The appeal arose from a judgment of the Delhi High Court dismissing an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, which ch...

High Court

Bombay High Court Dismisses State Appeal in Land Acquisition Compensation Case — Enhanced Compensation Upheld as Per Earlier Judgment. Market value of acquired land fixed at Rs.82,500 per hectare with modifications to additional component and interest under Land Acquisition Act, 1894.

23 Nov 2017

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act, 1894, challenging the judgment of ...

High Court

Bombay High Court Upholds Revenue's Appeal Partly Allowed by ITAT in Income Tax Penalty Case — Penalty Under Section 221(1) Excludes Interest. The Court held that penalty under Section 221(1) of the Income Tax Act, 1961 is leviable only on the tax amount, not on interest under Sections 234A, 234B, and 234C.

1 Jul 2017

The case involves an appeal by the Revenue (Commissioner of Income Tax-8) against the order of the Income Tax Appellate Tribunal (ITAT) partly allowin...

High Court

High Court of Karnataka Dismisses Writ Petition by Government Undertaking Challenging Execution Court Order on Interest Calculation in Arbitral Award Enforcement. Court upholds execution court's acceptance of decree holder's memo of calculation, rejecting judgment debtor's objections regarding interest computation under Section 34 of CPC.

4 Apr 2017

The petitioners, Karnataka Neeravari Nigam Ltd. and its Executive Engineer, a Government of Karnataka undertaking, had engaged the respondent, M/s. Sh...

High Court

Bombay High Court Upholds Arbitral Award in Price Escalation Dispute Under FIDIC Contracts — Formula Interpretation Not Permissible When Language Is Clear. Court holds that a price escalation formula in a contract, being a mathematical expression, cannot be interpreted or varied by an arbitrator if its terms are unambiguous.

31 Mar 2017

The judgment concerns two arbitration petitions arising from contracts between the Municipal Corporation of Greater Mumbai and two contractors, M/s. A...

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