Supreme Court · 1992 INSC 291 · Decided 22 October 1992
Jugal Kishore Prabhatilal Sharma and ORS. v. Vijayendra Prabhatilal Sharma and ANR.
- Court
- Supreme Court of India
- Citation
- 1992 INSC 291 · [1992] SUPP. 2 S.C.R. 118
- Case number
- CIVIL APPEAL No. 1763/1980
- Decided
- 22 October 1992
- Bench
- S. RANGANATHAN, V. RAMASWAMI, B.P. JEEVAN REDDY (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 134, 136
Headnote
Indian Artibitration Act, 1949 : Sections 14, 22, 23, 29, 30, 39 and 41--Reference of dispute to arbitra­ tion by Court in a suit pendinr-Aroitrator has all powers Court has in deciding issues in the suit. Interest pendente lite-Can be awarded where Agreement envisages payment. Interest finn--Dissolved-Dispute relating to valuation of assets of firm-Dissolution deed envisaging grant of Interest only from date of valuation of assets-Reference of dispute to arbitra­ tion prior to Interest Act, 19711---A ward of interest for pre-reference period-­ Held not
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