TaxTMI 
TaxTMI 
Post-award interest calculated on principal u/s 31(7)(b); can include pre-award interest. Arbitrator discretion applies.
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....Post-award interest - To be calculated on principal sum due u/s 31(7)(b) of the Act - Claim of post award interest on the aggregte of the principal and pre-award interest - the arbitrator has the discretion to award post-award interest on a part of the ‘sum’; the ‘sum’ as interpreted in Hyder Consulting - SC....