Arbitral Award Can Be Interfered With Only If Finding Is Perverse/Contrary To Evidence/Against Public Policy, Reiterates SC [Read Judgment]

LIVELAW NEWS NETWORK

19 Oct 2019 10:54 AM IST

  • Arbitral Award Can Be Interfered With Only If Finding Is Perverse/Contrary To Evidence/Against Public Policy, Reiterates SC [Read Judgment]

    "The Arbitral Tribunal is the master of evidence and the findings of fact which are arrived at by the arbitrators on the basis of the evidence on record are not to be scrutinized as if the Court was sitting in appeal."

    The Supreme Court has reiterated that the the award passed by an Arbitral Tribunal can be interfered with in the proceedings under Sections 34 and 37 of Arbitration and Conciliation Act only in a case where the finding is perverse and/or contrary to the evidence and/or the same is against the public policy.In this case, the Arbitral Tribunal gave a specific finding that...

    Next Story