Aggregate value of claims and counter-claims in arbitration - ...
Case Laws Indian Laws
January 22, 2024
Aggregate value of claims and counter-claims in arbitration - The petitioner's calculation of Specified Value, including various interest components and GST, was found to conflict with Section 12(2) of the Commercial Courts Act, 2015. The Court determined that interest should be calculated only up to the date of invocation of arbitration and not until the filing of the petition. - HC
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