Bombay High Court Allows Contractor's Appeal in ONGC Arbitration Dispute Over Conversion Rate for Reimbursement of Spares and Consumables. Court Holds That Arbitral Tribunal's Determination of Conversion Rate Was Not Patently Illegal and Did Not Warrant Interference Under Section 34 of the Arbitration and Conciliation Act, 1996.
31 Jul 2015The case involves two appeals arising from a common order dated 19 September 2005 passed by a learned Single Judge of the Bombay High Court under Sect...




