Article
The Supreme Court Of India Partially Set-Aside An Arbitral Award, Upholding The Contractual Bar On Pre-Award Interest And Clarifying The Distinction Between Pre-Award And Post-Award Interest
The ruling reaffirms the statutory scheme under Section 31(7)(b) of the Arbitration Act which subordinates an arbitral
tribunal's power to award pre-award interest to the parties' contractual agreement.
JSA