Arbitral Tribunal's Decision is Final, Court Intervention Only for Perverse or Implausible Awards: Delhi High Court
In a significant ruling, the Delhi High Court has dismissed an appeal filed by the Delhi Skills Mission Society (DSMS) against the arbitral award granted in favor of Samuel Foundation Charitable India Trust (SFCT). The judgment, delivered by Hon’ble Mr. Justice Vibhu Bakru and Hon’ble Ms. Justice Tara Vitasta Ganju on July 30, 2024, reinforces the importance of adhering to the Arbitration & Conciliation Act, 1996 and clarifies key issues…