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    <title>2000 (11) TMI 1252 - BOMBAY HIGH COURT</title>
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    <description>The court upheld the arbitration award, dismissing the appeals challenging the jurisdiction of the arbitrators, public policy concerns, the nature of the agreement, and the interest awarded. The court found that the appellant failed to raise jurisdictional issues in a timely manner and that the agreement was correctly interpreted by the arbitral tribunal. Additionally, the court determined that the interest awarded was justified under the discretion of the arbitral tribunal. The Chamber Summons was dismissed, and costs were quantified at Rs. 10,000 for both appeals.</description>
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      <title>2000 (11) TMI 1252 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=279646</link>
      <description>The court upheld the arbitration award, dismissing the appeals challenging the jurisdiction of the arbitrators, public policy concerns, the nature of the agreement, and the interest awarded. The court found that the appellant failed to raise jurisdictional issues in a timely manner and that the agreement was correctly interpreted by the arbitral tribunal. Additionally, the court determined that the interest awarded was justified under the discretion of the arbitral tribunal. The Chamber Summons was dismissed, and costs were quantified at Rs. 10,000 for both appeals.</description>
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