https://www.taxtmi.com/caselaws?id=780606 SC allowed the appeal and, invoking Article 142 to finally end protracted proceedings, directed that the registered sale deeds executed in favour of the respondents be treated as valid despite their unlawful origin, while penalizing the company by forfeiting security deposits of Rs. 6.82 crore and directing payment of Rs. 3.18 crore to the respondents (round total Rs. 10 crore). The Court held undue/unexplained delay in an arbitral award can vitiate it if it adversely affects findings or amounts to patent illegality/public policy breach, but here relief was granted by equitable exercise of Article 142 rather than sending parties to fresh arbitration. en-us Fri, 31 Oct 2025 00:00:00 +0530 Mon, 03 Nov 2025 08:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780606 SC allowed the appeal and, invoking Article 142 to finally end protracted proceedings, directed that the registered sale deeds executed in favour of the respondents be treated as valid despite their unlawful origin, while penalizing the company by forfeiting security deposits of Rs. 6.82 crore and directing payment of Rs. 3.18 crore to the respondents (round total Rs. 10 crore). The Court held undue/unexplained delay in an arbitral award can vitiate it if it adversely affects findings or amounts to patent illegality/public policy breach, but here relief was granted by equitable exercise of Article 142 rather than sending parties to fresh arbitration. Case-Laws Indian Laws Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780606