Bombay High Court Hears Employer’s Petition under Section 34 of Arbitration Act Challenging Arbitral Award Directing Allotment of ESOP Shares to Ex-Employee. Questions Arise on Whether Absence of Formal ESOP Scheme Under Companies Act, 2013 Invalidates Contractual Vesting of Options and Whether Specific Performance Was Appropriate Remedy.
5 Aug 2026The petitioner, Waterfield Advisors Private Limited, a management consultancy firm, filed this petition under Section 34 of the Arbitration and Concil...
