https://www.taxtmi.com/caselaws?id=428353 Exclusion of material pre-contractual negotiations and internally inconsistent findings on termination, force majeure, and contractual termination clauses were treated as patent illegality because they went to the root of the arbitral award. The award was also found contrary to the fundamental policy of Indian law and basic notions of justice and morality in light of concurrent findings of fraud in winding-up proceedings, affirmed by the Supreme Court, showing that the underlying commercial relationship was tainted by fraud. On that basis, the arbitral award was held unsustainable and was set aside. en-us Mon, 29 Aug 2022 00:00:00 +0530 Thu, 29 Sep 2022 09:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428353 Exclusion of material pre-contractual negotiations and internally inconsistent findings on termination, force majeure, and contractual termination clauses were treated as patent illegality because they went to the root of the arbitral award. The award was also found contrary to the fundamental policy of Indian law and basic notions of justice and morality in light of concurrent findings of fraud in winding-up proceedings, affirmed by the Supreme Court, showing that the underlying commercial relationship was tainted by fraud. On that basis, the arbitral award was held unsustainable and was set aside. Case-Laws Companies Law Mon, 29 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428353