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    <title>1963 (4) TMI 77 - Supreme Court</title>
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    <description>An arbitral award expressed to decide all matters referred to arbitration is presumed complete, and silence on a submitted claim ordinarily amounts to rejection unless the reference or the nature of the claim requires express adjudication. On that basis, the omission to specifically address accounting on a void lease, future company management, and misappropriation did not make the award incomplete; the general law on company management would operate and the unaddressed allegations were treated as rejected. The arbitrator also did not exceed authority by dealing with the Ketugram land, which was only a cost-and-balance distribution mechanism, or by using property values already agreed by the parties. The award was upheld.</description>
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    <pubDate>Fri, 26 Apr 1963 00:00:00 +0530</pubDate>
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      <title>1963 (4) TMI 77 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=175171</link>
      <description>An arbitral award expressed to decide all matters referred to arbitration is presumed complete, and silence on a submitted claim ordinarily amounts to rejection unless the reference or the nature of the claim requires express adjudication. On that basis, the omission to specifically address accounting on a void lease, future company management, and misappropriation did not make the award incomplete; the general law on company management would operate and the unaddressed allegations were treated as rejected. The arbitrator also did not exceed authority by dealing with the Ketugram land, which was only a cost-and-balance distribution mechanism, or by using property values already agreed by the parties. The award was upheld.</description>
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      <pubDate>Fri, 26 Apr 1963 00:00:00 +0530</pubDate>
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