Delhi High Court interprets applicability of amendments to Arbitration Act

Jurisprudencia India2017 | Enero 8
The changes made in 2015 to the Arbitration Act, under which there is no automatic stay on an award being challenged, would not apply if they affect enforceability of an award in proceedings which commenced before the amendment came into effect on October 23, 2015, the Delhi High Court has said.

A bench of justices Badar Durrez Ahmed and Ashutosh Kumar noted that the right to have an award enforced or not is an accrued right and if the amendment is applied to arbitral proceedings held under the unamended provisions, then it would impinge upon the accrued right of the party against whom the award is given.

Origen:
Delhi High Court interprets applicability of amendments to Arbitration Act – The Economic Times

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