Court Upholds Arbitral Award Validity; No Grounds Found to Challenge Based on Contract Interpretation or Alternative Views. https://www.taxtmi.com/highlights?id=69656 Validity of Arbitral Award - This Court holds that the terms of the contract has been construed in a reasonable manner and the Award passes muster. Just because an alternative view on facts and interpretation of contract exists, that can never be a ground for interfering with an Award - there is no need for this Court to go into the other issue pertaining to the applicability of Section 70 of the Contract Act. - HC en-us Tue, 09 May 2023 08:05:05 +0530 Tue, 09 May 2023 08:05:05 +0530 TaxTMI RSS Generator Court Upholds Arbitral Award Validity; No Grounds Found to Challenge Based on Contract Interpretation or Alternative Views. https://www.taxtmi.com/highlights?id=69656 Validity of Arbitral Award - This Court holds that the terms of the contract has been construed in a reasonable manner and the Award passes muster. Just because an alternative view on facts and interpretation of contract exists, that can never be a ground for interfering with an Award - there is no need for this Court to go into the other issue pertaining to the applicability of Section 70 of the Contract Act. - HC Highlights Indian Laws Tue, 09 May 2023 08:05:05 +0530 https://www.taxtmi.com/highlights?id=69656