making of the award i.e. from the
date of the award onwards. The arbitrator did award such interest which was
objected ... arbitration records
be sent to the sole arbitrator. The arbitrator gave award and awarded
simple interest from a date anterior to the date of reference
award by directing the Arbitrator to re-consider the
matter and decide it afresh? and
(3) Whether the Arbitrator had power to award interest ... award by directing the Arbitrator to re-consider the
matter and decide it afresh? and
(3) Whether the Arbitrator had power to award interest
plaintiff to receive interest. In that case, interest had
been awarded on the ground that it was reasonable to award
interest and the court, therefore ... plaintiff to receive interest. In that case, interest had
been awarded on the ground that it was reasonable to award
interest and the court, therefore
which enabled the award of
interest it was held that interest prior to the suit could
be awarded by the arbitrator. In regard to pendente ... plaintiff to receive interest. In that
case, interest had been awarded on the ground that it was
reasonable to award interest and the court, therefore
making the award, has no
jurisdiction to award interest from the date of the award
till the date of payment.
When the arbitrator makes ... grant of
interest as awarded in the award. When the Court does not
modify the award with regard to grant of interest from the
date
award interest and
consequently, set aside that part of the award granting interest till date of award.
The High Court however granted interest ... award of interest for the period
prior to the reference. We are dealing with a case in regard to award of interest
by the arbitrator
dispute to arbitration
prior to Interest Act, 1978 -Award of interest for per-
reference period-Held not justified.
Award relating to valuation of land ... power of arbitrator to award interest pendente
lite. It was not concerned with his power to award interest
for the reference period. This was made
sole arbitrator vide award dated
17.01.2011 awarded an amount of Rs.78,81,553.08. The learned
arbitrator also awarded pendente lite and future interest ... interest and
where the party claims interest and the dispute has been referred to an
arbitrator, then the arbitrator does have the power to award
awarded interest for the pendente lite period.
This Court upheld the award of such interest under the old
Act on the ground that the arbitrator ... award interest. However, in the Arbitration &
Conciliation Act, 1996, there is a specific provision with
regard to award of interest by the arbitrator
awarded
interest for the pendente lite period. This Court upheld the award of such
interest under the old Act on the ground that the Arbitrator ... interest and
the claim of a party to interest is referred to the arbitrator, the
arbitrator would have the power to award the interest. This
