Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Trading Dispute — No Interference Under Section 34 of Arbitration Act as Award Not Found to be in Conflict with Public Policy or Suffering from Patent Illegality. The court held that the arbitrator's interpretation of the contract and byelaws was plausible and not perverse, and the award did not warrant interference.
11 Mar 2010The petitioner, Rajendra Kumar Bothra, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award d...
