Supreme Court · 2025 INSC 1148 · Decided 24 September 2025
HLV Limited (Formerly Known As Hotel Leelaventure PVT. LTD.) v. Pbsamp Projects PVT. LTD.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 1148 · [2025] 9 S.C.R. 1378
- Case number
- CIVIL APPEAL No. 12234/2025
- Decided
- 24 September 2025
- Bench
- MANOJ MISRA, UJJAL BHUYAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 31(7)(b), 31(7)(a)
Headnote
Whether in the facts and circumstances of the case, the decree holder (respondent) would be entitled to interest upon interest in terms of s.31(7)(b), Arbitration and Conciliation Act, 1996 or the interest awarded by the arbitral tribunal in of the memorandum of understanding (MoU) entered into between the parties i.e. between the appellant and the respondent fulfil the requirement of s.31(7)(a) and (b) of the said Act. Arbitration and Conciliation Act, 1996 - s.31(7)(a), (b) - High Court set aside the
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