Icri Corporates Private Limited v. Shooglo Network Private Limmited (Previously as Omg Network Private Limited)
Case brief
What is this about?
The Court dismissed a petition challenging the Arbitrator's order on fees, holding that Section 39(2) is not maintainable before an award is made. The revision of fees was allowed as the initial agreement was governed by the Fourth Schedule, which requires separate calculation for claims and counterclaims per ONGC v. Afcons.
What did the court decide?
Petition dismissed