Mapping the True Limits of Judicial Review on Interest Rates in Indian Arbitration
Introduction In the fiercely competitive landscape of modern finance, commercial entities often enter into loan agreements bearing a demanding 24% annual interest rate terms that reflect the high-risk, high-reward nature of lending to businesses. When a borrower defaults, and an arbitral tribunal later upholds an award calculated based on this rate, a critical legal question arises: Can the judiciary intervene […]
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