https://www.taxtmi.com/caselaws?id=159079 A party that participated in arbitration without raising a timely objection to the tribunal's competence was held to have submitted to the arbitral jurisdiction and could not later deny the existence of an arbitration agreement or treat the award as a nullity. The award was otherwise upheld on merits, with only limited modification: interest was reduced from 18% to 9% and idling charges were scaled down in light of the circumstances, including delay in supplying drawings and designs. The civil appeal therefore succeeded only in part, leaving the award substantially intact subject to those reductions. en-us Wed, 10 Jan 2007 00:00:00 +0530 Mon, 09 Jun 2014 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159079 A party that participated in arbitration without raising a timely objection to the tribunal's competence was held to have submitted to the arbitral jurisdiction and could not later deny the existence of an arbitration agreement or treat the award as a nullity. The award was otherwise upheld on merits, with only limited modification: interest was reduced from 18% to 9% and idling charges were scaled down in light of the circumstances, including delay in supplying drawings and designs. The civil appeal therefore succeeded only in part, leaving the award substantially intact subject to those reductions. Case-Laws Companies Law Wed, 10 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159079