https://www.taxtmi.com/caselaws?id=194449 The High Court set aside the impugned arbitral awards, finding them to be based on no evidence, perverse, and in violation of mandatory NSE regulations. The court emphasized the importance of complying with statutory regulations over discretionary clauses in agreements, aligning its judgments in all five petitions with the reasoning in Arbitration Petition No. 47 of 2009. en-us Thu, 14 Jul 2016 00:00:00 +0530 Fri, 08 Sep 2017 11:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194449 The High Court set aside the impugned arbitral awards, finding them to be based on no evidence, perverse, and in violation of mandatory NSE regulations. The court emphasized the importance of complying with statutory regulations over discretionary clauses in agreements, aligning its judgments in all five petitions with the reasoning in Arbitration Petition No. 47 of 2009. Case-Laws Indian Laws Thu, 14 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194449