https://www.taxtmi.com/caselaws?id=470503 Arbitral awards may be annulled under the statutory review framework where the tribunal departs from express contractual requirements, violates equal treatment, or denies a party a full opportunity to respond. Written waiver or modification clauses cannot be displaced by unsubstantiated waiver or estoppel, particularly on an unpleaded basis unsupported by unequivocal conduct. Applying notice requirements to reject one party's counterclaims while excusing the other party's non-compliance breaches natural justice and public policy. A tribunal also cannot treat a Performance Guarantee Test as completed where contractual prerequisite tests have failed; doing so rewrites agreed milestone conditions. These defects are fundamental and non-severable. en-us Fri, 26 Sep 2025 00:00:00 +0530 Wed, 29 Jul 2026 18:59:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470503 Arbitral awards may be annulled under the statutory review framework where the tribunal departs from express contractual requirements, violates equal treatment, or denies a party a full opportunity to respond. Written waiver or modification clauses cannot be displaced by unsubstantiated waiver or estoppel, particularly on an unpleaded basis unsupported by unequivocal conduct. Applying notice requirements to reject one party's counterclaims while excusing the other party's non-compliance breaches natural justice and public policy. A tribunal also cannot treat a Performance Guarantee Test as completed where contractual prerequisite tests have failed; doing so rewrites agreed milestone conditions. These defects are fundamental and non-severable. Case-Laws Indian Laws Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470503