S.V. SAMUDRAMversusSTATE OF KARNATAKA & ANR
Case No.: CIVIL APPEAL No. 8067/2019
Decision Date: 04-01-2024
Disposal: Appeal(s) allowed
Neutral Citation: 2024INSC17

ABHAY S. OKA*, SANJAY KAROL Issue for Consideration The Civil Judge modified the award passed by the Arbitrator reducing the amount awarded as also interest thereupon, i.e., Rs.14,68,239/- @ 18% to only 25% of the tender amount which equals to Rs.3,71,564/- and the interest percentage thereon was reduced to 9%. Whether the award as carried out by the Civil Judge as confirmed by the High Court, was justified within law. Headnotes Arbitration and Conciliation Act, 1996 – s. 34 – The award passed by the Arbitrator was modified by the Civil Judge and the Respondents were directed to pay Rs.3,71,564 (25% of 

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