19 May 2021, Wednesday

3 years ago

3. Award set aside for lack of proper notice of constitution of the tribunal (Delhi High Court)

19 May 2021 | Ram Nanda and Co. & others v. Sanjay Saigal | OMP (COMM) 156 of 2021 | Vibhu Bakhru J

The notice for the appointment of the arbitrator was returned with the remarks “left”. Held, this was not due notice of the constitution of the arbitral tribunal as required by the bye-laws of the Delhi Stock Exchange under which the arbitration was held.

Hence, the award was set aside under Section 34 (2)(a)(iii) ACA.

Access the judgement here.

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