Arbitration Act, Awarding Interest Rate Is Discretion Of Arbitrator, Can't Be Claimed As Matter Of Right: Delhi High Court

In a recent ruling, the Delhi High Court dismissed a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996, filed by M/s Space 4 Business Solution Pvt Ltd, seeking the appointment of an independent arbitrator to resolve a contractual dispute with the Government of National Capital Territory of Delhi (GNCTD). Case Details and Background The petitioner, M/s Space 4 Business Solution Pvt Ltd, represented by Mr. Durgesh Gupta,…