https://www.taxtmi.com/caselaws?id=190171 The Supreme Court upheld the arbitrator's jurisdiction, finding the award valid despite being non-reasoned. The Court determined that the claims were arbitrable under the contract, rejecting challenges to the awarded amount as disproportionately high. However, the Court ruled that interest pendente lite was not within the arbitrator's jurisdiction and deleted that portion from the award. The appeal was dismissed, except for the modification regarding interest pendente lite, with parties directed to bear their own costs. en-us Fri, 22 Jul 1988 00:00:00 +0530 Wed, 08 Feb 2017 12:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190171 The Supreme Court upheld the arbitrator's jurisdiction, finding the award valid despite being non-reasoned. The Court determined that the claims were arbitrable under the contract, rejecting challenges to the awarded amount as disproportionately high. However, the Court ruled that interest pendente lite was not within the arbitrator's jurisdiction and deleted that portion from the award. The appeal was dismissed, except for the modification regarding interest pendente lite, with parties directed to bear their own costs. Case-Laws Indian Laws Fri, 22 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190171