Enforcing arbitration award

1) should be at present rates else property registration can be challenged any time on basis of insufficient stamp duty. Penalty upto 10 times the right stamp duty can be imposed.

2) Well, find and insist on proper stamp duty to be paid. If Builder doesn't, move an application in High court.

3) AFAIK, An award by an arbitrator can only be challenged per provisions of S . 34 of INdian Conciliation and Arbitration Act, in the Court which appointed the Arbitrator, by making an Application to the Court.  Appeal lies to the next higher Court per s. 37.

4) Not sure why Caveat is required since if an appeal is made you would be informed per procedure.

DISCLAIMER : General information and advice provided is without any warranties as to suitability for any use, correctness and application to any specific case. Please always take proper legal counsel . However, if it helped anyone even a little a " thanks" would be appreciated and would encourage me to keep on making efforts :-) . I am also always open to corrections and further learnings from more experienced Seniors here.