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Delhi HC Imposes Rs5 Lakh 'Exemplary' Cost on Sony India for Protracted Litigation in Arbitral Dispute - Vimarsana News

Delhi HC Imposes Rs5 Lakh 'Exemplary' Cost on Sony India for Protracted Litigation in Arbitral Dispute

While upholding the sole arbitrator's award and rejecting an appeal filed by Sony India Pvt Ltd, the Delhi High Court (HC) imposed an exemplary cost of Rs5 lakh on the company for protracted litigation in its arbitral dispute with Iris Worldwide Integrated Pvt Ltd.