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Bombay High Court Dismisses Petitions Challenging Arbitration Award in Property Dispute — No Grounds for Interference Under Section 34 of Arbitration Act. Court upholds award based on joint family property partition and limitation, finding no patent illegality or perversity.

The petitioners, who were members of a joint family, challenged an arbitral award passed in a partition dispute. The award had been made by an arbitra...

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Bombay High Court Dismisses MMRDA's Challenge to Arbitral Award in Powai Land Development Dispute. Court upholds arbitrator's interpretation of tripartite agreement regarding lease premium and development charges under the Arbitration and Conciliation Act, 1996.

The case involves an arbitration petition filed by Mumbai Metropolitan Region Development Authority (MMRDA) and the State of Maharashtra under Section...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Insurance Dispute — Loss of Profit Claim Rejected Due to Flood Exclusion Clause. The court upheld the arbitrator's finding that 'inundation' was excluded under the Loss of Profit (Fire) Policy, and the claim was not maintainable.

The petitioner, Agrocel Industries Pvt. Ltd., was engaged in the production of Marine Chemical Bromine and had availed a 'Loss of Profit (Fire) Policy...