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Search Results for "arbitrator power"

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High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Loan Recovery Case Under Section 34 of Arbitration and Conciliation Act, 1996 — Upholds Award of Rs.1,26,46,303/- with Interest at 12% Per Annum. The court held that the arbitrator had applied his mind and there was no violation of natural justice or public policy.

23 Dec 2025

The case involves a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Manmohan Bhimsen Goyal and Kavita Manmohan Goyal ...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Electricity Transmission Contract Dispute. Court upholds majority award granting escalation costs and interest to contractor for delays caused by principal.

8 Nov 2019

The petitioner, Maharashtra State Electricity Transmission Co. Ltd., challenged a majority arbitral award dated 6 January 2017 under Section 34 of the...

High Court

Bombay High Court Partially Allows Challenges to Arbitral Award in Co-operative Bank Dispute — Upholds Liability of Guarantor but Sets Aside Interest Rate. The court held that the arbitrator exceeded jurisdiction by awarding interest at 24% per annum with quarterly rests, which was contrary to the contractual rate of 16.5% per annum, and that the award of costs was without reasons.

27 Jan 2017

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award da...

High Court

Bombay High Court Sets Aside Ex-Parte Arbitral Award Due to Lack of Proper Notice and Violation of Natural Justice — Leave and Licence Agreement Dispute. The court held that the arbitrator failed to ensure proper service of notice on the petitioner, thereby denying it a fair opportunity to present its case under Section 34 of the Arbitration and Conciliation Act, 1996.

29 Jul 2016

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an ex-parte arbitral...

High Court

Bombay High Court Terminates Arbitrator's Mandate for Failure to Pass Award Within Statutory Time Limit Under Section 29A of Arbitration Act. Court Appoints Substitute Arbitrator After Original Arbitrator Failed to Conclude Proceedings Despite Multiple Extensions.

16 Jun 2016

The petitioner, M/s. Madhav Structural Engineers Limited, filed a petition under Section 14 of the Arbitration and Conciliation Act, 1996 seeking term...

High Court

Bombay High Court Partially Allows Challenge to Arbitral Award in Contract Dispute — Upholds Award on Most Claims but Sets Aside Interest Rate. Dispute arose from delays in crude distribution system project; court held that arbitrator's findings on delay and damages were not perverse but interest rate of 18% was excessive and reduced to 9%.

30 Oct 2015

The petitioner, Indian Oil Corporation Ltd., challenged an arbitral award dated 30 June 2005 under Section 34 of the Arbitration and Conciliation Act,...

High Court

Bombay High Court Partially Allows Petition Under Section 34 of Arbitration Act, 1996, Setting Aside Part of Arbitral Award for Being Contrary to Public Policy. Court holds that arbitrator cannot award interest on interest (compound interest) unless specifically agreed, and that claims barred by limitation cannot be awarded.

29 Jul 2015

The petitioner, Rajesh Pravinchandra Rajyagor, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitra...

High Court

Bombay High Court Partially Upholds Arbitral Award in Railway Contract Dispute — Interest Rate Reduced from 18% to 9%. The court held that the arbitrator's award did not violate public policy but reduced the interest rate as excessive under Section 34 of the Arbitration and Conciliation Act, 1996.

20 Apr 2015

The petitioner, Union of India, challenged an arbitral award dated 8 October 2010 under Section 34 of the Arbitration and Conciliation Act, 1996. The ...

High Court

Bombay High Court Dismisses Borrower's Challenge to Arbitral Award in Loan Recall Dispute — Interest Rate Reduction and Pre-reference Interest Upheld. Court confirms that arbitrator can reduce contractual interest rate under Section 34 of Arbitration and Conciliation Act, 1996 and award pre-reference interest under Section 31(7)(a) of the Act.

4 Mar 2015

The judgment arises out of eight arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a common arbi...

High Court

Bombay High Court Allows Substitution of Arbitrator in Sports Contract Disputes Under Sections 11 and 15(2) of Arbitration Act. Arbitrator's failure to render award within statutory period and subsequent resignation justified substitution despite respondent's objection.

22 Jan 2013

The judgment concerns a group of arbitration applications filed under Section 11 and Section 15(2) of the Arbitration and Conciliation Act, 1996, by s...

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