Award execution

Dear Mr. Pawan,

1. The Arbitrator order needs to be executed through a civil court u/s 36 of the Arbitration Act, 1996.

2. The sale deed cannot be made pre-dated in any case and hence the difference between the erstwhile and the current prevailing circle stamp duty and registration charges will need to be paid by the builder as by  directed in the arbitral order. You can rescue yourself from paying excess current stamp duty and registration charges and are liable only for the cost of such stamp duty and registration charges which you would have normally incurred when at the time if the sale deed had been done ten years ago.

3. The builder can resort to setting aside the arbitral  award u/s 34 of the Act, 1996 provided that application for such purpose is made within three months from the date arbitral order as provided u/s 34(3) of the Act, 1996.

4. You can file caveat both in District Court as well as in the H.C.