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Bombay High Court Dismisses Appeal Against Setting Aside of Arbitral Award for Claims Without Evidence. Claimant Failed to Prove Underutilization of Resources and Extra Overheads, Rendering Award Perverse Under Section 34 of Arbitration and Conciliation Act, 1996.

The appellant, M/s Kamal Constructions, was the original claimant in an arbitration against the Union of India and another respondent. The Arbitrator ...