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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…
