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Law · Q186

Arbitration And Conciliation Act

Graduate and Post Graduate · Law · question 186

Q186

A sum directed to be paid by an arbitral award shall carry interest

A.
@ 6% per annum from the date of the award till the date of payment
B.
@ 12% per annum from the date of the award till the date of payment
C.
@ 18% per annum from the date of the award till the date of payment
Answer
D.
@ 24% per annum from the date of the award till the date of payment

Answer: Option C

Solution

Answer: Option C
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