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Case Name : Sepco Electric Power Construction Corporation Vs Power Mech Projects Limited (Delhi High Court)
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Sepco Electric Power Construction Corporation Vs Power Mech Projects Limited (Delhi High Court) Application under Section 34 of the Arbitration and Conciliation Act, 1996 (A&C Act) is no longer a bar for enforcement of an arbitral award after amendment in Section 36 w.e.f. 23.10.2015 Conclusion: In present facts of the case, the Hon’ble High Court observed that the substitution of Section 36 of the A&C Act with effect from 23.10.2015, the pendency of an application under Section 34 of the A&C Act is no longer a bar for enforcement of an arbitral award. It was observed that it is ...
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