Delhi High Court Upholds ₹77.96 Crore Arbitral Award in Telecom Dispute: “Exit Penalties and Contractual Obligations Cannot Be Escaped Due to Regulatory Challenges,” Reiterates Limited Scope of Judicial Review Under Section 34 of Arbitration and Conciliation Act, 1996
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Delhi High Court Upholds ₹77.96 Crore Arbitral Award in Telecom Dispute: “Exit Penalties and Contractual Obligations Cannot Be Escaped Due to Regulatory Challenges,” Reiterates Limited Scope of Judicial Review Under Section 34 of Arbitration and Conciliation Act, 1996

Court’s Decision The Delhi High Court dismissed the challenge against the arbitral award dated 25.05.2019, which directed the petitioner to pay ₹77.96 crore (₹19.85 crore for unpaid invoices and ₹58.11…
December 27, 2024