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A promise to make a promise: Supreme court on letters of intent, concluded contracts, and incorporation of arbitration clauses
Supreme Court Examines Letters of Intent and Arbitration Clauses in New Ruling. Case: Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) and Ors. v. R Z Malpani Citation: Civil Appeal No. 4307 of 2026 (SLP (C) No. 36889 of 2025) | Decided on: April 9, 2026 Bench: Justice J.K. Maheshwari and Justice A.S. Chandurkar Background Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), a State Government-owned electricity distribution utility, floated a ten
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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