Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Sets Aside Arbitral Award for Patent Illegality and Perversity in Awarding Damages for Breach of Agreement for Sale of Land. The court found that the arbitral tribunal failed to consider mitigation of damages and made a perverse computation of damages based on an incorrect price per acre.
8 Jul 2022The case involves a commercial appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by Jagannath Parmeshwar Mills Private Limi...




