https://www.taxtmi.com/caselaws?id=437515 In an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, interference with an arbitral award is limited to cases of perversity or patent illegality, and a court will not substitute its own view where the tribunal adopts one of two plausible contract interpretations. Reading the contract clauses and annexure together, the arbitrator treated temporary storage and transit-related arrangements as part of the handling agent's contractual obligations and held that no separate storage charge was payable beyond the consolidated rate. That construction was found reasonable and reasoned, so the challenge to the award and the Section 34 order failed. en-us Mon, 10 Oct 2022 00:00:00 +0530 Tue, 09 May 2023 08:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437515 In an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, interference with an arbitral award is limited to cases of perversity or patent illegality, and a court will not substitute its own view where the tribunal adopts one of two plausible contract interpretations. Reading the contract clauses and annexure together, the arbitrator treated temporary storage and transit-related arrangements as part of the handling agent's contractual obligations and held that no separate storage charge was payable beyond the consolidated rate. That construction was found reasonable and reasoned, so the challenge to the award and the Section 34 order failed. Case-Laws Indian Laws Mon, 10 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437515