Bombay High Court Dismisses Petition Challenging Arbitral Award in Leave and Licence Dispute — Liquidated Damages Upheld for Early Termination During Lock-in Period. The court held that the arbitrator's interpretation of the lock-in clause and award of liquidated damages was not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.
13 Mar 2015The petitioner, Globsport India Private Limited, challenged an arbitral award dated 28 January 2012 under Section 34 of the Arbitration and Conciliati...




