Supreme Court of India · 2025-02-07
M/S. Gokul Lamp Works Private Limited vs Mysore Lamp Works Limited
- Court
- Supreme Court of India
- Petitioner
- M/S. Gokul Lamp Works Private Limited
- Respondent
- Mysore Lamp Works Limited
- Author
- Sanjay Kumar
- Bench
- Sanjay Kumar
Judgment text excerpt
The Supreme Court examined the issue of post-award interest in an arbitration dispute, focusing on the period after the arbitral award was passed. The Court considered whether the interest accrued during the specified period was properly paid and deposited, and the implications of delayed payments. The Court emphasized the importance of timely payment of post-award interest as per the arbitral award and upheld the principles of fair compensation. The judgment clarified the legal stance on post-award interest payments in arbitration proceedings.