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Delhi High Court Upholds Arbitration Award Directing Deposit of ₹229.5 Crores in Escrow, Emphasising: “Arbitral Tribunal’s Plausible Interpretation Cannot Be Substituted by the Court under Limited Section 34 Jurisdiction”
Court’s Decision The Delhi High Court dismissed the petitions seeking to set aside the arbitral award, upholding the award directing the deposit of ₹229.50 crores as Termination Payment into the…
