https://www.taxtmi.com/caselaws?id=160759 An arbitral award made after a full hearing was not invalid merely because it was unreasoned, ambiguous, or said to show non-application of mind, where no misconduct, denial of natural justice, or error of law apparent on the face of the award was established; the principal award was accordingly sustained. Pendente lite interest, however, was not payable on the governing law unless the reference fell within the limited category where the arbitrator exercised the court's own powers in a suit-type reference, and that basis was absent here; the interest component was therefore deleted. The principal award remained intact, but the arbitration-period interest was set aside. en-us Tue, 16 Aug 1988 00:00:00 +0530 Thu, 24 Jul 2014 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160759 An arbitral award made after a full hearing was not invalid merely because it was unreasoned, ambiguous, or said to show non-application of mind, where no misconduct, denial of natural justice, or error of law apparent on the face of the award was established; the principal award was accordingly sustained. Pendente lite interest, however, was not payable on the governing law unless the reference fell within the limited category where the arbitrator exercised the court's own powers in a suit-type reference, and that basis was absent here; the interest component was therefore deleted. The principal award remained intact, but the arbitration-period interest was set aside. Case-Laws Companies Law Tue, 16 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160759