The High Court disposed of an application for setting aside an arbitral award. Relying on a sister petition dismissed the prayer to set aside the award directing the petitioner to pay a sum of Rs.1,11,897.23 with interest.
Impugned arbitral award dated 22nd November, 2011 set aside.
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904-ARBP653.12
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 653 OF 2012
Nirmala Mantri
….. Petitioner
VERSUS
Monarch Comtrade Pvt. Ltd.
….. Respondent
Mr.Simil Purohit, a/w. Mr.Farhan Khan, i/b. Purohit & Co. for the Petitioner. Ms.Kranti Anand, a/w. Mr.Vijay Kamat for the Respondent.
CORAM : R.D. DHANUKA, J. DATED : 8th APRIL, 2015
P.C .
By this petition filed under section 34 of the Arbitration and Conciliation Act, 1996, the petitioner has impugned the arbitral award dated 22nd November, 2011 passed by the arbitral tribunal directing the petitioner to pay a sum of Rs.1,11,897.23 with interest at the rate of 12% per annum from 6th April, 2011 till the date of payment. Learned counsel appearing for the parties submit that the facts of this matter are identical with the facts in Arbitration Petition No.652 of 2012. Statement is accepted.
[R.D. DHANUKA, J.]
1 issue framed by the court
Whether the impugned arbitral award dated 22nd November, 2011 should be set aside?
1 provisions across 1 enactments
Nirmala Mantri
Monarch Comtrade Pvt. Ltd.
R.D. DHANUKA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
