Delhi HC Sets Aside Arbitral Award for palpable perversity & inherent contradictions

Morgan Securities & Credits Pvt Ltd. Vs Samtel Display Systems Ltd (Delhi High Court)

The Delhi High Court recently adjudicated a significant dispute between Morgan Securities & Credits Pvt Ltd and Samtel Display Systems Ltd, challenging an arbitral award dated December 6, 2011. The case revolved around the complexities of arbitration under the Arbitration and Conciliation Act, 1996, and highlighted critical aspects of contract interpretation, the role of an arbitrator, and the evidence required to substantiate claim

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