Merely showing another reasonable interpretation or possible view is insufficient for interference in the arbitral award: Supreme Court

The Court ruled that in order to succeed in a challenge against an arbitral award the challenger must show that the award of the arbitrator suffered from perversity or an error of law
CJI NV Ramana, Justices Surya Kant, Aniruddha Bose
CJI NV Ramana, Justices Surya Kant, Aniruddha Bose
Published on
4 min read

The Supreme Court on Thursday held that merely showing that there is another reasonable interpretation or possible view on the basis of the material on the record is insufficient to allow for the interference by the Court in an arbitral award (NTPC v. M/s Deconar Services Private Limited).

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com