Non-Existence of Arbitral Award and Setting Aside Purported Awards Under Section 34 of Arbitration and Conciliation Act, 1996 Explained: Calcutta High Court
The Calcutta High Court delivered an important judgment on March 13, 2026 in a dispute between Srei Equipment Finance Limited and Roadwings International Private Limited concerning the validity of arbitral awards allegedly passed in connection with two commercial contracts. The matter was heard by Justice Sabyasachi Bhattacharyya under the Original Side jurisdiction of the Court. The dispute revolved around whether two arbitral awards dated September 17, 2020 and September 21,…