Sponsored
    Follow Us:

Case Law Details

Case Name : Bharat Oman Refineries Ltd. Vs M/s. Mantech Consultants (Bombay High Court)
Related Assessment Year :
Sponsored

The parties cannot be deprived of their rights to challenge the award on the ground that there is a delay of 2 years and four months and the Award as declared after such a long period, in our view, can be challenged under Section 34 of the Act. The party cannot be remedy-less. Even under Section 16, the objection even if decided, can be re-agitated under Section 34 of the Act. There is no such scheme for the delayed action of the Arbitrator. Considering the aforesaid aspects, in our view, the award is bad in law.

The learned S

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

0 Comments

  1. Murali Krishna says:

    Sinply put, agreement between the parties cannot supercede rights provided under statute. Just because parties have agreed that award made by the arbitrator is final and cannot be agitated further, it does not waive of the rights of the parties under the statute.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31