Judicial Interference In Arbitral Awards Should Be Limited, S.34 Plea Challenging ₹77.96 Crore Telecom Award Dismissed: Delhi High Court
The Delhi High Court, in a significant ruling, has re-emphasized the limited grounds available to challenge an arbitral award under the Arbitration and Conciliation Act, 1996. This decision highlights the principle that courts, when considering objections under Section 34 of the A&C Act, do not sit in appeal over arbitral awards. The case stems from a dispute between Quadrant Televentures Limited and ATC Telecom Infrastructure Pvt. Ltd. regarding unpaid invoices…