https://www.taxtmi.com/caselaws?id=108387 The Supreme Court decided that the arbitral award made by two arbitrators was valid, overturning the High Court's ruling. The Court clarified that the Arbitration and Conciliation Act allows for an even number of arbitrators if parties do not object. The Court remitted the case for further consideration. The High Court's decision to set aside the award was based on various grounds, including incomplete documentation and lack of reasons in the award. The Supreme Court directed a comprehensive review of all grounds for challenge by the High Court, emphasizing the importance of a thorough examination for a just decision. en-us Tue, 28 Jan 2003 00:00:00 +0530 Wed, 21 Aug 2013 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108387 The Supreme Court decided that the arbitral award made by two arbitrators was valid, overturning the High Court's ruling. The Court clarified that the Arbitration and Conciliation Act allows for an even number of arbitrators if parties do not object. The Court remitted the case for further consideration. The High Court's decision to set aside the award was based on various grounds, including incomplete documentation and lack of reasons in the award. The Supreme Court directed a comprehensive review of all grounds for challenge by the High Court, emphasizing the importance of a thorough examination for a just decision. Case-Laws Companies Law Tue, 28 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108387