High Court of Bombay Dismisses Petition Challenging Arbitral Award in Favour of Transport Contractor in Dispute Over Deduction for Alleged Moisture in Oil Sample. Failure to Record Moisture on Delivery Challan and Acceptance of Sample Without Demur Amounts to Waiver Under Contract Clauses 21 and 27.
29 Apr 2013The petitioner, Indian Oil Corporation Ltd. (IOC), challenged an arbitral award dated 19th May 2009 passed by a Sole Arbitrator in favour of the respo...
