M/s Elysium Properties India Pvt. Ltd, v. M/s Potential Engineers and Contractors, Rep.by its Proprietor
Case brief
What is this about?
Petitioner filed an Original Petition under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside an arbitral award. The Court, applying the post-23.10.2015 regime (Ssangyong principle), held that the award did not violate public policy or patently illegality. Dismissed petition without issuing notice.
What did the court decide?
Petition to set aside arbitral award dismissed; Associated application A.No.2722 of 2020 also dismissed. No order as to costs.