https://www.taxtmi.com/caselaws?id=215033 A common institutional arbitration is permissible where claims against a member and a non-member arise from the same transaction and both are otherwise amenable to arbitration under the exchange bye-laws. Section 34 of the Arbitration and Conciliation Act does not permit reappreciation of evidence or merits review of a reasoned arbitral finding of liability. References to market practice or general trade knowledge do not, by themselves, amount to reliance on extraneous personal knowledge, provided the tribunal does not decide disputed facts outside the record. The challenge to the award therefore fails on jurisdictional, merits, and alleged misconduct grounds. en-us Fri, 14 Oct 2011 00:00:00 +0530 Tue, 09 Nov 2021 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215033 A common institutional arbitration is permissible where claims against a member and a non-member arise from the same transaction and both are otherwise amenable to arbitration under the exchange bye-laws. Section 34 of the Arbitration and Conciliation Act does not permit reappreciation of evidence or merits review of a reasoned arbitral finding of liability. References to market practice or general trade knowledge do not, by themselves, amount to reliance on extraneous personal knowledge, provided the tribunal does not decide disputed facts outside the record. The challenge to the award therefore fails on jurisdictional, merits, and alleged misconduct grounds. Case-Laws Indian Laws Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215033