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DELHI HIGH COURT
MANMOHAN, ASHA MENON
Guru Gobind Singh Indraprastha University – Appellant
Versus
Engineering India Ltd. – Respondent
| Table of Content |
|---|
| 1. claims related to interest adjustment and calculation errors. (Para 2 , 3 , 4) |
| 2. limitations on interference with arbitration findings. (Para 5 , 6) |
| 3. scope of court's interference on arbitration awards. (Para 7 , 8) |
| 4. applicability of supreme court judgment on counter-claims. (Para 9 , 10) |
| 5. finality in arbitration and impact of remanding cases. (Para 11 , 12) |
| 6. modification of order regarding interest rate entitlement. (Para 13 , 14) |
JUDGMENT
Manmohan, J. (Oral)--Present appeal has been filed challenging the order dated 13th March 2020 passed by the learned Single Judge.
2. Learned senior counsel for the Appellant submits that the learned Single Judge instead of granting a similar rate of interest @ 12% per annum to the Appellant, has asked it to re-agitate the matter as per law despite appreciating that both the Appellant and the Respondent were to be treated on the same footing. He points out that Section 34 of the Arbitration and Conciliation Act, 1996 allows this Court to correct the Award atleast to the extent of directing that same rate of interest shall be granted to both the Respondent and the Appellant.
3. He submits that in the alternate, even if t
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