
Section 36 Arbitration and Conciliation Act | Executing Court Cannot Redefine Pre-Award Interest Period; Final Award Must Be Enforced As Written : Calcutta HC
The Calcutta High Court has ruled that executing courts lack authority to alter the interest period or amount specified in a final arbitral award, even if the debtor claims a bona fide dispute. This upholds the sanctity of arbitral awards under Section 36 ACA and prevents collateral challenges during enforcement, directly impacting award holders seeking precise recovery and debtors attempting to renegotiate terms post-award.
