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    <title>1987 (12) TMI 323 - Supreme Court</title>
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    <description>An unreasoned arbitral award was left undisturbed because the challenge on absence of reasons had not been pressed before the High Court, the contract and award were old, and the arbitrator&#039;s appointment and pending Constitution Bench issue weighed against interference. The Court also declined to refer the matter for reconsideration. However, interest awarded for the period from commencement of arbitration to the date of the award was held unsustainable and was deleted, following the earlier view relied on by the Court. The award therefore stood modified only to that limited extent.</description>
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    <pubDate>Fri, 04 Dec 1987 00:00:00 +0530</pubDate>
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      <title>1987 (12) TMI 323 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=160733</link>
      <description>An unreasoned arbitral award was left undisturbed because the challenge on absence of reasons had not been pressed before the High Court, the contract and award were old, and the arbitrator&#039;s appointment and pending Constitution Bench issue weighed against interference. The Court also declined to refer the matter for reconsideration. However, interest awarded for the period from commencement of arbitration to the date of the award was held unsustainable and was deleted, following the earlier view relied on by the Court. The award therefore stood modified only to that limited extent.</description>
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      <pubDate>Fri, 04 Dec 1987 00:00:00 +0530</pubDate>
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