Judicial Review of Arbitral Awards: The Supreme Court’s Tryst with Article 142 and Arbitral Finality
by Vasanth Rajasekaran* and Harshvardhan Korada**
arbitral award challenge
Can shortfall in MGCC be deducted from net contract value? Delhi High Court explains
The Court held that deduction for shortfall in Minimum Guaranteed CENVAT Credit (MGCC) could not be made from the net contract value, as such an interpretation would effectively result in a double deduction unsupported by the contract terms.
When Does the Clock Start Ticking? The Interplay Between Sections 33 and 34 of the Arbitration and Conciliation Act, 1996
by Arush Khanna* and Gurdev Singh Tung**