Award Ignoring Serious Allegations of Fraud Must Be Set Aside for Patent Illegality: Gujarat High Court

The Gujarat High Court has ruled that an arbitral award can be set aside if serious allegations of fraud and collusion are raised, especially if the Arbitrator fails to address these concerns while passing the award. The Court emphasized the need for a thorough examination of such allegations under Section 34 of the Arbitration and Conciliation Act, 1996 to ensure the integrity of the arbitration process and the enforceability of…