Supreme Court Cancels SARFAESI Auction Sale After 16 Years Due to a 5-Day Payment Delay  ||  Jhar HC Orders 2-Month Probe Deadline, DGP Monitoring to Overhaul Sexual Violence Response in State  ||  Delhi HC: Social Media Cannot Undermine Judiciary; Intermediaries Must Act Without Court Orders  ||  Bom HC Directs No Coercive Action Against Anil Ambani under Black Money Act in Rs 420 Crore Tax Case  ||  Allahabad HC Flags Misuse of BNSS Preventive Detention Powers in Prayagraj Police Commissionerate  ||  Bombay HC: Court-Directed Disclosure Prevails over Confidentiality Clause in Agreement  ||  SC : Del HC can be Approached by CAPF Personnel for Service Disputes  ||  Delhi HC: Khurram Parvez Granted Bail in UAPA Case  ||  Allahabad HC: Magistrates, Police Personally Liable for Illegal Detention  ||  Bombay HC: No Case for Prior Restraint Against HDFC    

SC: By Operation of S. 31(7)(b), Sum Directed to be Paid Under Arbitral Award Shall Carry Interest - (14 Oct 2024)

ARBITRATION

Supreme Court has held that by operation of Section 31(7)(b) of the Arbitration and Conciliation Act, 1996, the first principle is that the sum directed to be paid under the Arbitral Award shall carry interest.

Tags : SUPREME COURT   INTEREST   ARBITRAL AWARD  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved