The Delhi High Court's Badar Durrez Ahmed and Ashutosh Kumar, JJ. delivered a significant judgment today on Section 36 of the Arbitration and Conciliation Act, a provision that was amended with retrospective effect in 2015.
According to the pre-amended section, the petitioners would have an automatic right of stay on the enforcement of an arbitral award once an application under S.34 (Application for setting aside an arbitral award) was filed.
However, after the amendment, a S . . .
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