Bombay High Court Sets Aside Arbitral Award in Share Purchase Dispute for Patent Illegality and Perversity. The court found that the arbitrator's interpretation of a condition subsequent in a share purchase agreement was patently illegal and perverse, warranting interference under Section 34 of the Arbitration and Conciliation Act, 1996.
27 Mar 2019The case involves a challenge under Section 34 of the Arbitration and Conciliation Act, 1996, to an arbitral award arising from a share purchase agree...






