Question
According to Section 31(7b) of the Arbitration and
Conciliation Act, an arbitral award directing a sum to be paid shall carry interest from the date of the award to the date of payment at a rate that is_____________Solution
Section 31(7b) of Arbitration and Conciliation Act -Â A sum directed to be paid by an arbitral award shall, unless the award otherwise directs, carry interest at the rate of two per cent. higher than the current rate of interest prevalent on the date of award, from the date of award to the date of payment.
130 114 106 102 100 ?
3720 3842 ? 4092 4220 4350
...0Â Â Â Â Â Â 2 Â Â Â Â Â Â Â 6Â Â Â Â Â Â 12 Â Â Â Â Â Â 20Â Â Â Â Â Â Â ?
...17Â Â Â Â Â ? Â Â Â Â Â 2142 Â Â Â Â Â Â 12852 Â Â Â Â Â Â 64260Â Â Â Â Â Â 257040
...133    183    220    ?     263     273
...720    ?     240     180      144     120
...12 7 10 25 107 ?
...125 36 343 ? 729 100
...8   24    12    ?   18     54
10 59 ? 1169 3503 7001
...