
Bombay High Court Judgments on Section 34 of the Arbitration and Conciliation Act 1996
Bombay High Court Judgments on Section 34 of the Arbitration and Conciliation Act 1996
The efficacy of arbitration as a preferred mechanism for commercial dispute resolution in India hinges significantly on the judicious application of Section 34 of the Arbitration and Conciliation Act, 1996 ("the Act"). This provision delineates the limited grounds upon which an arbitral award may be set aside by a court, thereby striking a delicate balance between judicial oversight and the principle of arbitral finality. For Indian business leaders, litigators, and in-house counsels, understanding the precise contours of this judicial intervention, particularly as interpreted by High Courts,