Bombay High Court says “the arbitral findings are so irrational that no fair-minded or reasonable person would have recorded them” — Court sets aside brokerage dispute awards in favour of Sharekhan Limited for violating Section 28(3) and ignoring material evidence

Bombay High Court says “the arbitral findings are so irrational that no fair-minded or reasonable person would have recorded them” — Court sets aside brokerage dispute awards in favour of Sharekhan Limited for violating Section 28(3) and ignoring material evidence

Court's decision The Bombay High Court allowed the Petition under Section 34 of the Arbitration and Conciliation Act, setting aside both the arbitral award and the appellate arbitral award arising…
Bombay High Court says “the arbitrator’s approach was contrary to the contractual framework and unsupported by material evidence” — Court sets aside arbitral award in dispute involving Thermax Limited over EPC obligations and delay compensation

Bombay High Court says “the arbitrator’s approach was contrary to the contractual framework and unsupported by material evidence” — Court sets aside arbitral award in dispute involving Thermax Limited over EPC obligations and delay compensation

Court's decision The Bombay High Court allowed the Petition under Section 34 of the Arbitration and Conciliation Act and set aside the arbitral award, holding that the tribunal had failed…
Kerala High Court declares that “an arbitration clause giving exclusive power to one party to appoint the arbitrator is legally invalid” — Court holds that unilateral appointment clauses violate neutrality and reinforces judicial duty to ensure fair arbitral processes

Kerala High Court declares that “an arbitration clause giving exclusive power to one party to appoint the arbitrator is legally invalid” — Court holds that unilateral appointment clauses violate neutrality and reinforces judicial duty to ensure fair arbitral processes

Court's decision The Kerala High Court held that an arbitration agreement that empowers only one contracting party to appoint the arbitrator is unenforceable as it violates the fundamental requirement of…