Awarding of 'Interest on interest' by Arbitral Tribunal, CJI says, it is impermissible; Justice Bobde and Justice Sapre say, yes it is permissible. Decoding Section 31 (7) of the Arbitration and Conciliation Act, 1996 [Read the Judgment]27 Nov 2014 11:05 AM IST
![Awarding of Interest on interest by Arbitral Tribunal, CJI says, it is impermissible; Justice Bobde and Justice Sapre say, yes it is permissible. Decoding Section 31 (7) of the Arbitration and Conciliation Act, 1996 [Read the Judgment]](https://www.livelaw.in/cms/wp-content/uploads/2014/06/Arbitration-and-Medition.jpg "Awarding of Interest on interest by Arbitral Tribunal, CJI says, it is impermissible; Justice Bobde and Justice Sapre say, yes it is permissible. Decoding Section 31 (7) of the Arbitration and Conciliation Act, 1996 [Read the Judgment]")