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Delhi High Court: Arbitral Tribunal has discretion to grant pre-award interest and/or post-award interest, on either whole or part of the principal amount
Arbitration
M/S Star Shares & Stock Brokers Ltd vs Praveen Gupta & Anr.
September 30, 2024
Summary
Delhi High Court in this judgement held that Arbitral tribunal under section 31(7)(a) and 31(7)(b) of the Arbitration and Conciliation Act, 1996, has the discretion to grant pre-award interest and/or post-award interest, on either whole or part of the principal amount.
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