https://www.taxtmi.com/caselaws?id=108875 An arbitration clause is treated as independent of the underlying agency contract under the separability principle, so termination of the substantive agreement does not automatically extinguish the arbitration agreement or invalidate a reference to arbitration. A factual award rejecting a refund counterclaim based on alleged mistaken payment of commission will not be interfered with under section 34 where it is supported by evidence and discloses no recognised ground such as conflict with public policy. The interest component may still be moderated if the rate is found excessive on the facts, even though the award otherwise survives scrutiny. en-us Mon, 07 Oct 2002 00:00:00 +0530 Wed, 04 Apr 2012 13:23:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108875 An arbitration clause is treated as independent of the underlying agency contract under the separability principle, so termination of the substantive agreement does not automatically extinguish the arbitration agreement or invalidate a reference to arbitration. A factual award rejecting a refund counterclaim based on alleged mistaken payment of commission will not be interfered with under section 34 where it is supported by evidence and discloses no recognised ground such as conflict with public policy. The interest component may still be moderated if the rate is found excessive on the facts, even though the award otherwise survives scrutiny. Case-Laws Companies Law Mon, 07 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108875