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    <title>2017 (11) TMI 2061 - MADRAS HIGH COURT</title>
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    <description>Section 34 review of an arbitral award is confined to narrow grounds and does not permit re-appreciation of evidence or substitution of the court&#039;s view for the arbitrator&#039;s. An award fixing interest at the contracted rate was sustained because the loan transactions and agreed interest were proved on the evidence before the arbitrator, while the challenge based on alleged fraud, unconscionability, and belated verification of handwriting failed. The court also noted that the request for handwriting verification had not been pursued by appeal after rejection of the interlocutory application, and that concluded contract terms cannot be rewritten by the court.</description>
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      <title>2017 (11) TMI 2061 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=457979</link>
      <description>Section 34 review of an arbitral award is confined to narrow grounds and does not permit re-appreciation of evidence or substitution of the court&#039;s view for the arbitrator&#039;s. An award fixing interest at the contracted rate was sustained because the loan transactions and agreed interest were proved on the evidence before the arbitrator, while the challenge based on alleged fraud, unconscionability, and belated verification of handwriting failed. The court also noted that the request for handwriting verification had not been pursued by appeal after rejection of the interlocutory application, and that concluded contract terms cannot be rewritten by the court.</description>
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