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Deposit is not payment: Supreme court clarifies when interest on an arbitral award ceases to run
Supreme Court Ruling: Clarification on When Interest on Arbitral Awards Stops, Highlighting the Difference Between Deposits and Payments. National Seeds Corporation Ltd. v. National Agro Seed Corporation (India), 2026 INSC 1017 The Supreme Court in National Seeds Corporation Ltd. v. National Agro Seed Corporation (India) examined an important question concerning the liability of an award debtor to pay interest after depositing the awarded amount before a court. The Court clar
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