"Granting Unliquidated Damages" : High Court Upholds the Arbitral Award
What sec. 10 (1) of Arbitration and Conciliation Act, 1996 says is very clear. It says that the parties are free to determine the number of arbitrators, provided that such number shall not be an even number.
In NBCC Ltd v New Delhi Municipal Council [2015] GCtR 4214 (Delhi), the arbitrator has awarded unliquidated damages. When the party challenged the arbitral award, High Court has refused to set aside the arbitral award. Finally, the petition challenging arbitral award was dismissed.
NBCC Ltd v New Delhi Municipal Council [2015] GCtR 4214 (Delhi) will help in clearing notions about unliquidated damages in arbitration.
One can download entire judgment free of cost from the following link : -
https://delhihighcourt.nic.in/judgment
Written by
Vishal
Delhi
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