https://www.taxtmi.com/caselaws?id=771468 An arbitral award based on chartered accountant certificates was vulnerable where the underlying audited books, ledgers and related documents were not proved and the authors of the source material were not examined. On that footing, compensation and consequential interest founded on the unproved certificates were set aside as unsupported by evidence and liable to be treated as perverse and contrary to public policy. The remaining parts of the award, including interest on delayed payment and arbitration costs, were not interfered with in appellate review under Section 37 and were left undisturbed. en-us Wed, 21 May 2025 00:00:00 +0530 Mon, 26 May 2025 15:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771468 An arbitral award based on chartered accountant certificates was vulnerable where the underlying audited books, ledgers and related documents were not proved and the authors of the source material were not examined. On that footing, compensation and consequential interest founded on the unproved certificates were set aside as unsupported by evidence and liable to be treated as perverse and contrary to public policy. The remaining parts of the award, including interest on delayed payment and arbitration costs, were not interfered with in appellate review under Section 37 and were left undisturbed. Case-Laws Indian Laws Wed, 21 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771468