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Bombay High Court Affirms Arbitrator’s Jurisdiction in Share Valuation and Compensation Dispute: “The Arbitrator’s View Was Plausible and Free from Perversity or Patent Illegality”
1. Court’s Decision: The Bombay High Court upheld the arbitral award, dismissing the appeal under Section 37 of the Arbitration and Conciliation Act, 1996. The court concluded that the arbitrator’s…