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and Award Exceeded Contract Value

Home - and Award Exceeded Contract Value

Delhi High Court Sets Aside Arbitral Award: Holds Unilateral Appointment of Arbitrators by Respondent Violated Section 12(5) of Arbitration Act, Ex Parte Proceedings Denied Petitioner a Fair Hearing, and Award Exceeded Contract Value
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Delhi High Court Sets Aside Arbitral Award: Holds Unilateral Appointment of Arbitrators by Respondent Violated Section 12(5) of Arbitration Act, Ex Parte Proceedings Denied Petitioner a Fair Hearing, and Award Exceeded Contract Value

Court’s Decision The Delhi High Court ruled in favor of the petitioner, setting aside an arbitral award that had been passed against it. The court held that: The unilateral appointment…
Posted by Rawlaw February 3, 2025

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