Bombay High Court Allows Petition to Set Aside Arbitral Award Under Section 34 of Arbitration and Conciliation Act, 1996 — Award Found to Be in Conflict with Public Policy Due to Patent Illegality. The court held that the arbitral tribunal's interpretation of the contract was perverse and contrary to the terms of the agreement, warranting interference under Section 34.
25 Nov 2025The present petition under Section 34 of the Arbitration and Conciliation Act, 1996 was filed by Kotak Securities Limited (the petitioner) challenging...
