Arbitration Agreement Fraud Allegations Dismissed, Mere Silence Not Fraud Unless Active Concealment Occurs: Calcutta High Court
In a recent ruling by the Calcutta High Court, Justice Moushumi Bhattacharya delivered a significant judgment addressing the allegations of fraud in an arbitration agreement under the Arbitration and Conciliation Act, 1996. The case involved SRMB Srijan Limited as the petitioner and Great Eastern Energy Corporation Limited as the respondent, with IA No: GA 1 of 2022 in A.P.- COM 281 of 2024. Background: The petitioner sought an unconditional stay…
