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Penalty cannot be imposed for insufficient stamping of arbitral award at execution stage: Karnataka High Court

Notably, the Karnataka High Court also flagged the need for more clarity in the law as to the stage at which the arbitral award ought to be stamped, if it all this has to be done.

India , Karnataka , Prabhakar-kulkarni , M-anasuya-devi , Justice-magadum , Manik-reddy , Justice-sachin-shankar-magadum , Shakeel-pasha , High-court , Supreme-court , City-max-hotel , City-max-hotels