Bombay High Court Partially Allows Petition Under Section 34 of Arbitration Act, 1996, Setting Aside Part of Arbitral Award for Being Contrary to Public Policy. Court holds that arbitrator cannot award interest on interest (compound interest) unless specifically agreed, and that claims barred by limitation cannot be awarded.
29 Jul 2015The petitioner, Rajesh Pravinchandra Rajyagor, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitra...






