
Delhi High Court Upholds Rs. 6.56 Crore Arbitral Award Against Power Firm, Cites “Group of Companies” Doctrine And Enforceability of MSMED Act
New Delhi, May 7 (KNN) The Delhi High Court has dismissed a challenge to an arbitral award directing a company and the owner of a thermal power plant in West Bengal to jointly and severally pay Rs 6.56 crore to a contractor. The Court upheld the award, including an interest rate of 38.85 per cent...
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