Bombay High Court Sets Aside Arbitral Award in Stock Broker Dispute Due to Patent Illegality and Violation of Natural Justice. The court held that the arbitral tribunal erroneously shifted the burden of proof and failed to follow principles of natural justice, rendering the award liable to be set aside under Section 34 of the Arbitration and Conciliation Act, 1996.
31 Aug 2012The case involves a challenge under Section 34 of the Arbitration and Conciliation Act, 1996, to an arbitral award passed by a tribunal constituted un...
