THE ARBITRATION WORKSHOP

Milind Yadav[1] The 2019 amendments to the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) has helped propel India forward as...

a view taken by the tribunal should not be interfered with, the distinction is drawn between an alternative view and an impossible view

the Court modified the award in favour of the claimant and granted interest pendente lite together with principal amount.

The grant of refund along with eighteen percent rate of interest in addition to the damages by the arbitral tribunal was perverse.

The decision of the Delhi High Court in this case undermines the ability of the parties to tailor the arbitration according to their needs.

[T]he authors conclusively put that Arbitrator should not have deviated from the standard formulas for computation of damages.