Arbitrator assigning other person for interest quantification is against principle of natural justice

Usha Martin Limited Vs Eastern Gases Limited (Calcutta High Court) Calcutta High Court held that an arbitrator cannot shun away his responsibilities and leave the work of quantification of awarded interest on chartered accountant. Accordingly, held that arbitration award suffers infirmity. Facts- Based on the terms of purchase order, there was delay in payment by the award debtor to the respondent. Later on, the bills were cleared but the payment of interest on delayed amount was not made. Hence, a reference was made by the respondent to WBSMSEFC u/s 18 of MSMED Act for settlement of disputed ...