Orissa High Court held that orders passed by a Bench in matters outside the roster assigned by the Chief Justice are per se illegal. The Court said entertaining cases beyond allocation amounts to jurisdiction without authority, rendering such decisions fundamentally invalid.
The Supreme Court refused to interfere with the Delhi High Court’s order directing SpiceJet and Ajay Singh to deposit Rs 144.51 crore in the long-running dispute with Kalanithi Maran and KAL Airways.
The Court also imposed Rs 1 lakh costs on Singh for repeatedly pursuing the litigation despite earlier directions.
The Supreme Court has confirmed an arbitral award directing BPL to pay 36% annual interest with monthly compounding, ruling that parties are bound by the contract they sign. The Court said high interest in commercial deals is not “unconscionable” when agreed between equal parties.
The Supreme Court of India ruled that mere delay in delivering an arbitral award isn’t enough to set it aside. Only when such a delay causes perversity or affects the fairness of the decision can the award be invalidated.
The Karnataka High Court has restrained Byju Raveendran and his entities from alienating assets after Qatar Holding sought enforcement of a $235M arbitral award. The Court passed an interim injunction until the next hearing.
The Delhi High Court rejected Kalanithi Maran’s plea against SpiceJet, criticising him for taking a ‘calculated gamble’ in the dispute with Ajay Singh over the airline’s control, arising from a commercial disagreement involving KAL Airways.
The Delhi High Court has annulled an arbitral award against Oravel Stays (OYO) in a dispute with Zostel over a 2015 acquisition deal. The ruling highlights the necessity for formal agreements in business transactions, emphasizing that non-binding term sheets may not ensure enforceability in legal proceedings. Final order details are pending.
Today, On 30th April, The Supreme Court clarified when courts can modify arbitral awards under Sections 34 and 37 of the Arbitration Act. Justice KV Viswanathan gave a dissenting opinion, disagreeing with the majority’s interpretation of the law.
The Delhi High Court Today (April 28) rejected BSNL’s appeal, upholding a Rs 43.52 crore arbitral award in favor of Vihaan Networks, affirming the decision as legally sound.
The Court of Appeal of the Supreme Court of Singapore set aside an arbitral award passed by a tribunal led by former Chief Justice of India, Dipak Misra. The Court found that nearly half of the award—212 out of 451 paragraphs—was copied word-for-word from two earlier arbitration awards, raising serious concerns over fairness and impartiality in the arbitration process.
