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1 - 4 of 4 (0.17 seconds)State Of Orissa vs B.N. Agarwalla Etc on 29 January, 1997
23. We know from the decision of the Supreme Court in the case State of Orissa v. B.N. Agarwalla that the arbitrator indeed can award interest for pendente lite and post award period. Once that is the position indeed there is no ground to probe further in this controversy. The objections as such therefore must fail and are dismissed. Award is made a rule of the court and a decree in terms of the award is passed. The petitioner would be entitled to interest from the date of the decree i.e. today on the principal amount at 12% p.a. till the payment is made.
Section 30 in The Arbitration Act, 1940 [Entire Act]
Section 33 in The Arbitration Act, 1940 [Entire Act]
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