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    <title>2017 (10) TMI 145 - Supreme Court</title>
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    <description>A jurisdictional objection on arbitrability and the effect of a no claims certificate cannot be raised for the first time in appeal when it was not pressed at the Section 11 stage, before the arbitral tribunal, or in the Section 34 challenge; the objection was therefore not entertainable at that stage. A contractual clause expressly barring interest overrides Section 31(7)(a) of the Arbitration and Conciliation Act, 1996, so the arbitral tribunal could not grant pre-award or pendente lite interest contrary to the parties&#039; agreement. The award was sustained on the principal claim but set aside to the extent it granted interest.</description>
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    <pubDate>Tue, 03 Oct 2017 00:00:00 +0530</pubDate>
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      <title>2017 (10) TMI 145 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=348990</link>
      <description>A jurisdictional objection on arbitrability and the effect of a no claims certificate cannot be raised for the first time in appeal when it was not pressed at the Section 11 stage, before the arbitral tribunal, or in the Section 34 challenge; the objection was therefore not entertainable at that stage. A contractual clause expressly barring interest overrides Section 31(7)(a) of the Arbitration and Conciliation Act, 1996, so the arbitral tribunal could not grant pre-award or pendente lite interest contrary to the parties&#039; agreement. The award was sustained on the principal claim but set aside to the extent it granted interest.</description>
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      <pubDate>Tue, 03 Oct 2017 00:00:00 +0530</pubDate>
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