Bombay High Court Allows Bank of India's Petition Under Section 34 of Arbitration Act — Sets Aside Arbitral Award for Patent Illegality and Violation of Natural Justice. The Court held that the arbitrator's award of interest on pre-reference period without contractual basis and failure to consider bank's counterclaim amounted to patent illegality and denial of opportunity.
3 Nov 2025The case involves a petition filed by Bank of India under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award pass...






