High Court of Judicature at Bombay Upholds Arbitral Award in Commercial Arbitration Petition Under Section 34 of Arbitration and Conciliation Act, 1996, Holding Investment Was Loan Not Flat Purchase. Court Finds MoU Clauses Including 'Short Term Loan' and 'Repayment' Terms Unambiguously Created Debt, with Subject Flats as Security, Rejecting the Partnership Firm's Reliance on Clause 6(h).
18 Aug 2025The matter arose from cross-petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996 challenging arbitral awards dated January 9...
