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Bombay High Court Upholds Arbitral Award on Share Valuation and Compensation: “Minimal Judicial Interference, Arbitrator’s Findings Cannot Be Reopened Unless Perversity is Established”
Court’s Decision The Bombay High Court dismissed the appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 (ACA), challenging the arbitral award dated 5 April 2016. The…