Search Results for "section 34"

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Search Results for "section 34"

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High Court

Bombay High Court Allows Appeals Against Remand Order in Arbitration Matters — Single Judge Exceeded Jurisdiction Under Section 34 by Setting Aside Award and Remanding for Reconsideration Without Finding Award to Be Void or Inoperative. The Court Held That Section 34 of the Arbitration and Conciliation Act, 1996, Does Not Confer Power of Remand; Only Remedies Are to Uphold, Modify, or Set Aside the Award.

25 Jun 2013

The appellant, Geojit Financial Services Limited (now Geojit BNP Paribas Financial Services Limited), a stock broker registered with the National Stoc...

High Court

Bombay High Court Allows Appeal Against Setting Aside of Arbitral Award in Construction Contract Dispute. The court restored the arbitral award holding that the Single Judge exceeded jurisdiction under Section 34 of the Arbitration and Conciliation Act, 1996 by reappreciating evidence.

24 Jun 2013

The appeal arose from a judgment of a learned Single Judge of the Bombay High Court setting aside an arbitral award dated 16 January 2009 under Sectio...

High Court

Bombay High Court Dismisses Petition Challenging Ex-Parte Arbitral Award in Loan Recovery Dispute. Court holds that non-participation in arbitration despite notice and failure to prove fraud or bias does not warrant setting aside award under Section 34 of Arbitration and Conciliation Act, 1996.

17 Jun 2013

The petitioners, The Loot (India) Pvt. Ltd. and its directors, were borrowers and guarantors who had taken a loan from Reliance Capital Limited (the f...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Favour of Constituent in Stock Trading Dispute. Court upholds award based on documentary evidence and rejects challenge under Section 34 of Arbitration and Conciliation Act, 1996.

10 Jun 2013

The petitioner, M/s. Angel Capital & Debt Market Ltd., a trading member of the National Stock Exchange of India Limited, challenged an arbitral award ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Lease Dispute — Upholds Award Allowing Landlord's Counterclaim for Outgoings. Arbitrator's interpretation of lease deed regarding payment of outgoings by tenant held plausible and not perverse under Section 34 of Arbitration and Conciliation Act, 1996.

10 Jun 2013

The Petitioner, Home Care Retail Marts Pvt. Ltd., challenged an arbitral award dated 4 February 2010 passed by a sole Arbitrator under Section 34 of t...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award Under Section 34 of Arbitration Act — Assignment of Debt Does Not Include Right to Challenge Award. Multi State Cooperative Societies Act, 2002 Section 84 Arbitration Award Upheld as Claim Was Not Time-Barred and Arbitrator Had Jurisdiction.

10 Jun 2013

The petitioner, Sicom Limited, as assignee of the rights of The Shamrao Vithal Cooperative Bank Limited under an Assignment Deed dated 31 March 2010, ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Broking Dispute — No Interference Under Section 34 of Arbitration Act as Award Not Found to be Contrary to Public Policy or Suffering from Patent Illegality.

10 Jun 2013

The petitioner, Bombay Construction and Engineering Pvt. Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challen...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Co-operative Bank Membership Dispute — Forfeiture of Shares and Membership Upheld as Consequence of Final Award. The court held that the Arbitrator's findings were based on evidence and the Bank's action was a lawful recovery measure under the Multi-State Co-operative Societies Act, 2002, Section 84, and the Arbitration and Conciliation Act, 1996, Section 34.

7 May 2013

The Petitioner, Mr. Yusufkhan Fakhrookhan Tadvi, was a member of Respondent No.1-Bank, Konkan Mercantile Co-operative Bank Ltd., and belonged to the T...

High Court

Bombay High Court Allows Petition Under Section 34 of Arbitration Act Against Arbitral Award Dismissing Dispute Over Forfeiture of Shares by Cooperative Bank. Arbitrator's Award Set Aside for Being Perverse and Contrary to Law as Bank's Action of Forfeiting Shares Without Following Procedure Under Multi-State Cooperative Societies Act, 2002 and Bye-Laws Was Illegal.

3 May 2013

The petitioner, Dr. Dalvi Ali Abdul Quadar, was a member and director of M/s Ratna Drugs Ltd., which had obtained a loan from the respondent, Kokan Me...

High Court

High Court of Bombay Dismisses Petition Challenging Arbitral Award in Contract Dispute — No Patent Illegality Found. The court upheld the award granting balance machinery price and interest, rejecting claims of breach for non-procurement of insurance under the Arbitration and Conciliation Act, 1996.

26 Apr 2013

The petitioner, M/s. Neptune Marine Pvt. Ltd., challenged an arbitral award dated 18 August 2008 and a modified award dated 30 January 2012 under Sect...

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