Bombay High Court Partially Allows Challenge to Arbitral Award in Lease Dispute — Finds Perversity in Force Majeure Finding. Court holds that the Arbitrator's conclusion that the lessee's termination was not under the force majeure clause was perverse, but upholds other findings on delayed approvals and property tax dues....
The case arises from a lease deed dated 1st August 2013 between Reliable Spaces Pvt Ltd (the Petitioner/Lessor) and Evonik India Pvt Ltd (the Respondent/Lessee) for premises in Mumbai. The lease requi...




