The court held that it can only set aside an arbitral award on ...

Court can't set aside arbitral award for mere errors; must shock judicial conscience. 2015 amendment expanded public policy violation.

Case Laws Companies Law

July 31, 2024

The court held that it can only set aside an arbitral award on the ground of patent illegality appearing on its face that shocks the judicial conscience, going to the root of the matter. Mere erroneous application of law or reappreciation of evidence is impermissible. While the 2015 amendment expanded the scope of violating public policy, the court cannot interfere with the award merely because another reasonable conclusion is possible from the merits. Finding the arbitrator's award correct and in accordance with law, the petition was dismissed.

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The court held that it can only set aside an arbitral award on ...

Court can't set aside arbitral award for mere errors; must shock judicial conscience. 2015 amendment expanded public policy violation.

Case Laws Companies Law

July 31, 2024

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