Civil Law - Arbitration – Scope of judicial interference under Section 30 of the Arbitration Act, 1940 – The appellant challenged the High Court’s order setting aside an arbitral award—Held: The High Court correctly intervened as the awarded claim of ₹68.15 lakhs was beyond the contractual scope and not based on actual damages, but speculative calculations—Courts ca...
Arbitration – Challenge to Award – Scope of Interference under Sections 34 and 37 of Arbitration Act – The appellant challenged an arbitral award granting compensation to the respondent for project delays and related claims – Held: The Court’s jurisdiction under Section 37 is limited and does not permit reappreciation of evidence – The Arbitral Tribunal’s ...
Arbitration Law – Jurisdiction under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 – Scope of Interference – Division Bench of High Court erroneously interfered with concurrent findings of DRB, Arbitral Tribunal, and Single Judge – Limited scope under Sections 34 and 37 reiterated – Division Bench's interpretation of Clauses 51 and 52 as "u...
Arbitration – Interim Relief – Security for Disputed Amount – Section 9, Arbitration and Conciliation Act, 1996 – Petitioner sought interim relief to secure Rs. 156.75 crores against Make-Up Gas owed under GSPA, alleging respondents’ inability to supply due to reduced gas production – Respondents claimed non-performance due to Force Majeure (FM) and expiration o...
Arbitration Law – Commencement of Limitation – Section 14(2) of the Arbitration Act, 1940 – Limitation Began Upon Awareness – The appellant's application under Section 17 of the Act was dismissed as premature by lower courts, interpreting the limitation to start only from formal notice of filing the award – Held: The limitation began on 21.09.2022 when the respond...
Arbitration Award – Evidence and Perverse Findings – The appellant challenged an arbitral award of Rs. 60,00,000/- granted to the respondent for damage to cement bags due to waterlogging. The tribunal relied solely on the respondent’s letter (Exhibit ‘T’) dated January 7, 2005, while discarding two survey reports – one by the insurer’s surveyor and another...