Delhi HC Validates Partial Arbitral Award Setting Aside

NHPC Ltd Vs Jaiprakash Associates Ltd (Delhi High Court) In a significant ruling, the Delhi High Court has underscored the legal framework surrounding the partial setting aside of arbitral awards, as seen in the case of NHPC Ltd vs Jaiprakash Associates Ltd. This decision illuminates the execution petition landscape, highlighting when an arbitral award’s component can be independently invalidated without affecting the remainder of the award. Detailed Analysis The core of the dispute involved the execution of an Arbitral Award dated October 7, 2019, which was later corrected on December 1...