2017-TIOLCORP-NEWS-030 | Monday, February 13, 2017

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2017-TIOLCORP-06-HC-DEL-MISC

National Thermal Power Corporation Ltd Vs Siemens Atiengesellschaft

Whether partial award would become part of the final award if final award expressly states that it is to be read with and is a continuation of the partial award -YES : HC

Whether the court as the appellate authority u/s 34 of Arbitration Act can review the award minutely - NO : HC

- Appeal Dismissed: DELHI HIGH COURT

2017-TIOLCORP-05-HC-KOL-MISC

Frontline Corporation Ltd Vs Punjab And Sind Bank

Whether the jurisdiction of civil court to entertain suit of specific performance is barred u/s 34 of SARFAESI Act when property involved in the suit is not a secured asset under the SARFAESI Act - NO : HC

- Appeal dismissed: CALCUTTA HIGH COURT

 

 

 

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