TMI BlogHigh Court Upholds Error in Arbitrator's Judgment on Stridhana Jewelry, Confirms Overreach u/s 34 of Arbitration Act.Grant of Interim award - stridhana property of Respondent No. 1 or not - Section 34 of the Arbitration and Conciliation Act, 1996 - The Arbitrator has committed a jurisdictional error by travelling beyond the terms of reference. Further, the Arbitrator has committed an error in permitting the Appellants to retain the jewellery - the Arbitrator had to decide the entitlement of all the seven parties to equal shares in the event of finding that the jewellery is not stridhana property - the conclusion of the High Court is approved by upholding the impugned judgment. - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|