https://www.taxtmi.com/caselaws?id=172792 The court upheld the arbitration agreement's validity under Section 175(3) of the Government of India Act, 1935, finding that the contract fulfilled the requirements. However, the court set aside the award for incidental expenses and interest, ruling that these elements were erroneously awarded. The appeal was partially allowed, maintaining the award for the loss suffered but rejecting the portions related to incidental expenses and interest. No costs were awarded, and the appeal was allowed in part. en-us Fri, 19 Apr 1963 00:00:00 +0530 Mon, 31 Aug 2015 14:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172792 The court upheld the arbitration agreement's validity under Section 175(3) of the Government of India Act, 1935, finding that the contract fulfilled the requirements. However, the court set aside the award for incidental expenses and interest, ruling that these elements were erroneously awarded. The appeal was partially allowed, maintaining the award for the loss suffered but rejecting the portions related to incidental expenses and interest. No costs were awarded, and the appeal was allowed in part. Case-Laws Indian Laws Fri, 19 Apr 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172792