Arbitral award can be challenged u/s 34 only if view adopted is not a possible view

Glitter Overseas & Ors. MMTC Limited (Delhi High Court)

Held that an arbitral award can be set aside/ challenged u/s 34 of A&C Act only if an arbitral tribunal’s view is not a possible view and no reasonable person could possibly accept the same.

Facts- Glitter Overseas (Petitioner) and MMTC (respondent) entered into a ‘Hypothecation Agreement for Pre and Post Shipment Credit Advance’. Disputes arose between the parties in re

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