Supreme Court · 2022 INSC 522 · Decided 5 May 2022
Delhi Airport Metro Express Private Limited v. Delhi Metro Rail Corporation
- Court
- Supreme Court of India
- Citation
- 2022 INSC 522 · [2022] 3 S.C.R. 716
- Case number
- CIVIL APPEAL No. 3657/2022
- Decided
- 5 May 2022
- Bench
- L. NAGESWARA RAO, BHUSHAN RAMKRISHNA GAVAI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 31(7)(a), 31
Headnote
Arbitration and Conciliation Act, 1996: s. 31(7)(a) - Award of sum under, if inclusive of interest pendente lite - Held: Legislative intent s. 31(7)(a) is clear that the discretion with regard to grant of interest would be available to the arbitral is no agreement to the contrary between the parties - Phrase "unless otherwise agreed by the parties" clearly emphasizes that when the parties have agreed with regard to any of the aspects covered u/ s.31(7)(a), the tribunal would cease to have any discretion with regard to
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