FOOD CORPORATION OF INDIA v. MARASTRO CIA NAVIERA S.A. (THE "TRADE FORTITUDE")

[1986] 2 Lloyd's Rep. 209

COURT OF APPEAL

Before Lord Justice Dillon, Lord Justice Lloyd and Lord Justice Nicholls

Arbitration - Interest - Demurrage Charterers made second payment in respect of demurrage - Whether owners entitled to interest on second payment from date when it should have been paid - Whether arbitrators' power to award interest retrospective - Whether award should be remitted for alleged error or mistake - Arbitration Act, 1950, ss. 17, 19A - Administration of Justice Act, 1982.