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Bombay High Court Partially Allows PWD's Challenge to Arbitral Award in Road Construction Contract Dispute. Court Upholds Damages Beyond 1% Cap Due to Contractor's Abandonment but Reduces Interest Rate from 18% to 9% Simple.

The case arises from three arbitration petitions filed by the Public Works Department (PWD) of Maharashtra under Section 34 of the Arbitration and Con...

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Bombay High Court Dismisses Section 34 Petitions Challenging Arbitral Awards in Share Purchase Agreement Dispute. Court upholds arbitral tribunal's findings on fraud, jurisdiction, and liability, rejecting allegations of perversity and violation of natural justice.

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, by Avitel Post Studioz Ltd. and ...

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Bombay High Court Dismisses Appeals Against Setting Aside of Arbitral Awards for Lack of Concluded Contract. Joint Exploration Agreement Held Not Binding as Conditions Precedent Not Fulfilled, Resulting in No Valid Arbitration Agreement.

The case involves appeals by Hindustan Petroleum Corporation Ltd. and Prize Petroleum Company Ltd. (appellants) against M3nergy Sdn. Bhd. (respondent)...

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Bombay High Court Partially Sets Aside Arbitral Award in Breach of Contract Dispute — Payment Direction Inconsistent with Findings. Court holds that an arbitral tribunal cannot grant relief contrary to its own findings on merits, applying Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Hersheys India Pvt. Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral awa...

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Bombay High Court Allows Arbitration Petitions in Shareholder Dispute Over Appointment of Arbitrator. Court appoints sole arbitrator to adjudicate disputes arising from Share Subscription Agreement and Shareholders Agreement.

The judgment concerns four arbitration petitions filed under Section 11 of the Arbitration and Conciliation Act, 1996, arising out of disputes between...