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Post-award interest runs on principal and pre-award interest together: Supreme court in UHL power company ltd. v. state of Himachal Pradesh
Supreme Court Decision: Post-Award Interest on Principal and Pre-Award Interest Affirmed in UHL Power Company Ltd. v. State of Himachal Pradesh One of the more persistent debates in Indian arbitration law has been whether an arbitral tribunal can lawfully award interest on interest, and whether post-award interest must attach only to the principal sum or to the entire amount directed to be paid. The Supreme Court of India put this debate to rest in UHL Power Company Ltd. v. S
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