Supreme Court Clarifies How Delay in Issuing Arbitral Award Can Lead to its Setting Aside - (03 Nov 2025)
ARBITRATION
Supreme Court has ruled under the Arbitration & Conciliation Act, 1996, that mere delay in an arbitral award does not invalidate it. However, an inordinate, unexplained delay making the award ineffective or lacking consequential relief is against public policy and unenforceable.
Tags : ARBITRATION & CONCILIATION ACT ARBITRAL AWARD PUBLIC POLICY
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