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Bombay High Court Sets Aside ₹11.21 Crore Arbitral Award: Declares Unilateral Arbitrator Appointment Void Ab Initio for Breach of Arbitration Agreement and Public Policy Violations
Court’s Decision The Bombay High Court, presided over by Justice Somasekhar Sundaresan, ruled that the arbitral award of ₹11.21 crore granted by a unilaterally appointed arbitrator was invalid. The court…