Case Law Analysis
|Delhi High Court
Interest award of 10% p.a. compounded upheld; early jurisdictional objections required | Section 34 Arbitration Act : Delhi HC
Delhi HC rejected NHAI’s Section 34 challenge, confirming the arbitral award of 10% p.a. interest compounded monthly. It held that jurisdictional objections must be raised promptly and that consent to arbitrate precludes later attacks. The decision safeguards interest awards and clarifies procedural timing for parties in arbitration.