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Bombay High Court Dismisses Challenge to Arbitral Award in MSME Contract Dispute with Railways — Waiver of Section 12(5) Ineligibility Upheld. Petitioner's claim for additional wages dismissed as arbitrator's findings on facts and law were not patently illegal or against public policy.

The petitioner, M/s. Truly Pest Solution Private Limited, a Micro, Small and Medium Enterprise (MSME), was awarded a contract by the Central Railway f...

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Bombay High Court Considers Section 34 Petition by State-Owned Oil Corporation to Set Aside Arbitral Award. Petitioner Alleges That Award Is Vitiated by Fraud Due to Non-Disclosure of Corporate Insolvency Proceedings by Respondent Joint Venture.

The matter arose out of a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Hindustan Petroleum Corporation Ltd., a sta...