Delhi High Court Ruling gives quietus and holds Amended Section 29A of Arbitration Act as retrospective from 23 October 2015
Infusing clarity on the applicability of the amended Section 29A of the Arbitration and Conciliation Act, 1996, (“the Act”), the Single Judge of the Delhi High Court (“Court”) in the case of ONGC PETRO ADDITIONS LIMITED vs. FERNS CONSTRUCTION CO. INC, pronounced on 21 July 2020, has found that the amendments to Section 29A (1)…