An award based on put-option in a contract does not violate the public policy of India (Bombay High Court)

     Update by Editor

Banyan Tree Growth Capital LLC v. Axiom Cordages Limited and others, Commercial Arbitration Petition No. 476 of 2019 Bombay High Court| single-judge bench | GS Kulkarni J | 30 April 2020 Banyan, a Mauritius based fund, invested USD fifty million into Axiom Cordages Limited after negotiations with Axion’s promoters. The

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Categories: Fundamental policy of Indian law |  Public policy |  Public Policy of India |  Section 34  

Foreign award cannot be enforced if the matter involves violation of export-restrictions (Supreme Court of India)

     Update by Samarth Madan , Case Comment by Prashant Mishra

National Agricultural Cooperative Marketing Federation of India v. Alimenta S.A., 2020 SCC OnLine SC 381 Supreme Court of India; 3-judge bench, Arun Mishra, MR Shah, BR Gavai JJ; decided on 22 April 2020   On 22 April 2020A 3-judge bench of the Supreme Court of India ruled on the enforceability

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Categories: Conditions for enforcement of foreign awards |  Enforcement  |  Enforcement of foreign awards |  Foreign Awards (Recognition and Enforcement) Act |  Fundamental policy of Indian law |  Public policy |  Public Policy of India  

Standard for setting aside arbitral award; permissibility of re-appreciating findings of fact in set-aside proceedings; claim for damages et. al. (Delhi High Court) (7 January 2020)

     Updates by Avantika Verma , Aimen Reshi

G+H Schallschutz  v.  Bharat Heavy Electricals Limited 2020 SCC OnLine Del 19;  single-judge bench, Sanjeev Narula, J.; Decided on 07 January 2020 The Dispute Bharat Heavy Electricals Limited (“BHEL”) signed a contract with the Public Electric Company, Yemen to construct a power plant. For manufacture of some equipments required in

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Categories: Damages |  Interpretation of contract |  Patent Illegality |  Public policy |  Reappreciation of evidence |  Reappreciation of finding of fact |  Section 34 |  Setting aside arbitral award  

Fundamental policy of Indian law includes drastic serious policy matters; inadmissible evidence not a ground covered under the public policy exception (Bombay High Court)

     Updates by Editor

Nobel Resources Ltd. v. Dharni Sampda Private Ltd., 2019 SCC OnLine Bom 4415 High Court of Bombay, single-judge bench, R. I. Chagla, decided on 18 November 2019   Nobel applied for enforcement of a SIAC award, which the respondent Dharni Sampda resisted on the ground that the award contravenes public

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Categories: Conditions for enforcement of foreign awards |  Enforcement  |  Enforcement of foreign awards |  Foreign award |  Fundamental policy of Indian law |  Most basic notions of morality and justice |  Public policy |  Public Policy of India |  Review on the merits of the dispute  

Standard for setting aside award; Grounds under section 34 to set aside an award are not attracted if the tribunal’s finding is plausible, neither perverse nor contrary to evidence (Supreme Court)

     Updates by Nishant Gupta

The State of Jharkhand and others v. M/s HSS Integrated SDN and another, Special Leave to Appeal (sic Special Leave Petition) (C) No. 13117 of 2019 (non-reportable) Supreme Court, 2-judge bench, Arun Mishra and M.R. Shah, JJ.; decided on 18 October 2019   HSS Integrated and VKS Infra tech Management

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Categories: Application of mind |  Patent Illegality |  Public policy |  Reappreciation of evidence |  Reappreciation of finding of fact |  Section 34 |  Section 37 |  Setting aside arbitral award