Bombay High Court Sets Aside Arbitral Award Restoring Dealership Due to Perversity and Ignoring Material Evidence. The court held that the Arbitrator's finding that termination was unjustified was contrary to the evidence and the terms of the dealership agreement, and the award was perverse under Section 34 of the Arbitration and Conciliation Act, 1996.
10 Aug 2012The case involves a challenge by Indian Oil Corporation Limited (Petitioner) against an Arbitral Award dated 25 June 2009 passed by a sole arbitrator....




