Supreme Court of India: Construction of Contract by the Arbitrator and Judicial Intervention in Appeal in the Award

Supreme Court of India: Construction of Contract by the Arbitrator and Judicial Intervention in Appeal in the Award FACTUAL MATRIX In NHAI v HCC, CA 4702 of 2023, the National Highways Authority of India (‘NHAI’) awarded a construction contract to M/s Hindustan Construction Company Ltd. (‘HCC’). Disputes arose between the parties and the same was…

Supreme Court of India : Whether the Facilitation Council Formed under the MSMED Act has the Power to Review its Own Arbitral Award

The Micro, Small and Medium Enterprises Development Act, 2006 (‘MSMED Act’) was enacted to provide, for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith or incidental thereto. Under the recovery mechanism provided in the MSMED Act, if any party has a dispute with…