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Bombay High Court Dismisses Petition Challenging Arbitral Award in Loan Dispute — Upholds Award of Rs.51 Crores with Interest. Facility Agreement and Guarantee Enforced; No Grounds for Interference Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioners, Reid & Taylor (I) Limited, S.Kumars Nationwide Ltd., and Nitin S. Kasliwal, filed a petition under Section 34 of the Arbitration and ...

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Bombay High Court Dismisses Appeals Against Arbitral Award in Cotton Supply Disputes — No Interference Under Section 34 of Arbitration Act. Court upholds award based on contractual terms and CAI byelaws, rejecting challenges on merits and procedural irregularities.

The case involves three appeals filed under Section 37 of the Arbitration and Conciliation Act, 1996, by M/s. Subramanya Cotton Ginning Industries, M/...

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Bombay High Court Dismisses Chamber Summons Seeking to Set Aside Consent Terms in Arbitration Petition — Consent Terms Recorded by Court Cannot Be Challenged Under Section 34 of Arbitration and Conciliation Act, 1996.

The applicants, original respondent nos.1 to 5, filed Chamber Summons No.905 of 2013 in Letters Patent Petition No.226 of 2013 and Arbitration Petitio...

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Bombay High Court Dismisses Appeals Against Rejection of Arbitration Petitions as Time-Barred. Service of Arbitral Award Under Section 31(5) of Arbitration and Conciliation Act, 1996 Held Valid When Sent by Registered Post to Correct Address.

The appellants, Apex Encon Projects Pvt. Ltd. and Padmavati Nekkanti, filed appeals against a common order dated 16th July 2014 passed by a learned Si...