https://www.taxtmi.com/caselaws?id=767036 Unconditional stay of an arbitral award under the second proviso to Section 36(3) of the Arbitration and Conciliation Act, 1996 requires a prima facie showing that the award was induced or affected by fraud or corruption. Mere criticism of the arbitrator's appreciation of evidence, contract terms, or GST treatment does not meet that higher threshold. Where the record shows both sides had an opportunity to place documents and no deliberate suppression, concealment, or unfair hearing is established, unconditional stay is refused. A conditional stay may still be granted on furnishing security for the awarded sum. en-us Thu, 06 Mar 2025 00:00:00 +0530 Mon, 10 Mar 2025 08:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767036 Unconditional stay of an arbitral award under the second proviso to Section 36(3) of the Arbitration and Conciliation Act, 1996 requires a prima facie showing that the award was induced or affected by fraud or corruption. Mere criticism of the arbitrator's appreciation of evidence, contract terms, or GST treatment does not meet that higher threshold. Where the record shows both sides had an opportunity to place documents and no deliberate suppression, concealment, or unfair hearing is established, unconditional stay is refused. A conditional stay may still be granted on furnishing security for the awarded sum. Case-Laws Indian Laws Thu, 06 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767036