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    <title>2007 (7) TMI 678 - DELHI HIGH COURT</title>
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    <description>Pendency of an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 does not by itself stay execution of an arbitral award after Section 34 relief has been refused. Reading Sections 35 and 36 with the statute&#039;s scheme of finality, minimal court intervention and speedy enforcement, the commentary notes that the Act contains no automatic-stay mechanism comparable to Order XLI Rule 5 CPC. The principle of merger cannot override the express statutory framework, so enforcement may proceed unless a stay is specifically granted. The execution petition was therefore maintainable, and the dismissal of execution was set aside.</description>
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    <pubDate>Tue, 03 Jul 2007 00:00:00 +0530</pubDate>
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      <title>2007 (7) TMI 678 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=193994</link>
      <description>Pendency of an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 does not by itself stay execution of an arbitral award after Section 34 relief has been refused. Reading Sections 35 and 36 with the statute&#039;s scheme of finality, minimal court intervention and speedy enforcement, the commentary notes that the Act contains no automatic-stay mechanism comparable to Order XLI Rule 5 CPC. The principle of merger cannot override the express statutory framework, so enforcement may proceed unless a stay is specifically granted. The execution petition was therefore maintainable, and the dismissal of execution was set aside.</description>
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      <pubDate>Tue, 03 Jul 2007 00:00:00 +0530</pubDate>
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