Arbitral award could be set aside if Terms and Conditions of Contract has not been followed: JK High Court

Union of India Vs D. Khosla and Company (Jammu and Kashmir High Court) Conclusion: In present facts of the case, the Arbitral award was set aside partially by the Hon’ble High court on the basis that the arbitrator has clearly exceeded his jurisdiction and has awarded most of the items of claims by either ignoring the terms and conditions of the contract or acting in derogation therefrom. Facts: In present facts of the case, the Hon’ble High Court have partially allowed the appeal, wherein Union of India through Chief Engineer (P) Sampark appealed under Section 39 of J&K Arbitration Ac...