(1) Recourse to a Court against an arbitral award may be made only by an application for setting aside such award in ance with sub-section (2) and sub-section (3). (ii) the arbitral award is in conflict with the public policy of India. (iii) it is in conflict with the most basic notions of morality or justice.
(1) Recourse to a Court against an arbitral award may be made only by an application for setting aside such award in ance with sub-section (2) and sub-section (3). (ii) the arbitral award is in conflict with the public policy of India. (iii) it is in conflict with the most basic notions of morality or justice.
The merits of the dispute are not considered and the award can only be vacated where: (1) the award was procured by fraud or corruption; (2) there was corruption in the arbitrator; (3) the arbitrator committed misconduct resulting in substantial prejudice; (4) the arbitrators exceeded their powers; (5) the arbitrator ...
The appeal must be commenced within thirty (30) days of the date on which the original award is submitted to the parties and only on the grounds that the original award is based upon “(1) an error of law that is material and prejudicial; or (2) determinations of fact that are clearly erroneous.”11 AAA will then arrange ...
The merits of the dispute are not considered and the award can only be vacated where: (1) the award was procured by fraud or corruption; (2) there was corruption in the arbitrator; (3) the arbitrator committed misconduct resulting in substantial prejudice; (4) the arbitrators exceeded their powers; (5) the arbitrator ...
A court may vacate an award only if it finds that one of the limited grounds in the FAA (9 USC section 10) applies, namely: the award is a result of corruption or fraud; there was evident partiality or corruption by an arbitrator; there was arbitrator misconduct; or.
Unlike court decisions, arbitral awards generally cannot be appealed in the conventional sense. However, there are procedures for “annulling” or “setting aside” arbitral awards where the arbitral tribunal has committed a serious error. This is the most important recourse against an arbitral award.
As per Section 34, a party to the arbitration agreement has to make an application for setting aside the award. But a legal representative in the case of any such party can also apply for it because he is a person claiming under that. An award that is set aside no longer remains applicable by law.
The Federal Arbitration Act (“FAA”) broadly requires courts to enforce arbitration agreements but exempts from its application arbitration “contracts of employment of seamen, railroad employees, or any other class of workers engaged in foreign or interstate commerce.” 9 U.S.C. § 1.