Bombay High Court Partially Allows Challenge to Arbitral Award in Supply Agreement Dispute — Upholds Claim for Loss of Profits but Sets Aside Award for Additional Freight Charges and Interest. Court examines scope of Section 34 of Arbitration and Conciliation Act, 1996 and principles of mitigation of damages.
12 Dec 2014The case arises from a dispute between M/s. Amrutanjan Limited (Petitioner) and M/s. Shamrock International Limited (Respondent) concerning a supply a...
