https://www.taxtmi.com/caselaws?id=305474 The Court dismissed the petition challenging an arbitration award, finding no evidence of coercion in the execution of Consent Terms. The petitioner's delay in taking action undermined the coercion claim. Additionally, the Court held that non-compliance with a subsequent MOU did not invalidate the Consent Terms, as the MOU was not referenced in the resolution authorizing the Consent Terms. The petition was deemed unsustainable, with no legal basis to set aside the award, and was dismissed without costs. A related Notice of Motion was also disposed of accordingly. en-us Fri, 17 Feb 2017 00:00:00 +0530 Tue, 06 Dec 2022 14:39:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305474 The Court dismissed the petition challenging an arbitration award, finding no evidence of coercion in the execution of Consent Terms. The petitioner's delay in taking action undermined the coercion claim. Additionally, the Court held that non-compliance with a subsequent MOU did not invalidate the Consent Terms, as the MOU was not referenced in the resolution authorizing the Consent Terms. The petition was deemed unsustainable, with no legal basis to set aside the award, and was dismissed without costs. A related Notice of Motion was also disposed of accordingly. Case-Laws Indian Laws Fri, 17 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305474