Bombay High Court Sets Aside Arbitral Award for Violation of Natural Justice and Public Policy — Shares Directed to be Returned to Third Party Not Party to Arbitration. The court held that an award affecting rights of a person not party to arbitration is contrary to public policy under Section 34 of the Arbitration and Conciliation Act, 1996.
19 Dec 2014The petitioners, original constituents, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging the final award da...
