https://www.taxtmi.com/highlights?id=72678 Validity of Arbitral Award - In the remand back case, the Arbitrator was warned not to be influenced by the factors that weighed in his mind while making the First Award. The Arbitrator was also required to proceed only on the basis of the evidence on record. Yet, regrettably, what we find is that the Arbitrator went on to ignore the judicial decision of the High Court with impunity. - The arbitral award in question is patently illegal in that it is based on no evidence and is, thus, outrightly perverse - High Court rightly set aside the award - SC en-us Sat, 21 Oct 2023 07:07:54 +0530 Sat, 21 Oct 2023 07:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72678 Validity of Arbitral Award - In the remand back case, the Arbitrator was warned not to be influenced by the factors that weighed in his mind while making the First Award. The Arbitrator was also required to proceed only on the basis of the evidence on record. Yet, regrettably, what we find is that the Arbitrator went on to ignore the judicial decision of the High Court with impunity. - The arbitral award in question is patently illegal in that it is based on no evidence and is, thus, outrightly perverse - High Court rightly set aside the award - SC Highlights Indian Laws Sat, 21 Oct 2023 07:07:54 +0530 https://www.taxtmi.com/highlights?id=72678