Just a moment...

Top
Help
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Arbitral award upholds public policy; Gita Power jointly liable with OPG; Limitation period extended by acknowledgment.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Arbitral award does not conflict with public policy of India or vitiate by patent illegality. Gita Power justifiably subjected to arbitration and jointly liable with OPG. Enexio's claim indivisible, limitation governed by Article 55 not Articles 14, 18 and 113. Claim matured on 19 March 2016, limitation extended by acknowledgment on 19 April 2018 u/s 18. Counterclaims except gear boxes/fan modules within limitation. Rejection of prayer to declare debit notes invalid had no adverse impact. No palpable error in award to term 'patently illegal' or in conflict with public policy. Division Bench rightly set aside Single Judge order restoring arbitral award. Appeal dismissed.....