Home Case Index All Cases Companies Law Companies Law + SC Companies Law - 2003 (1) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2003 (1) TMI 533 - SUPREME COURTWhether the reference, if at all made to two arbitrators, was valid in law? Whether the fact that the arbitrators did not give reasons in support of their award would make the award bad in the eyes of law? Held that:- As it was submitted by Senior Advocates appearing on behalf of the respondents, that the appellate Bench of the High Court has considered only two of the grounds on which the learned Single Judge set aside the award, namely - the ground pertaining to the objection raised on the basis of section 10 of the Act, and the ground pertaining to failure of the arbitrators to record reasons for their award. Apart from these two grounds, there were other grounds also on which the learned Single Judge had held the award to be void and ineffective. Those questions have not at all been considered by the appellate Bench and, therefore, it was only appropriate that the matters be sent back to the High Court for its decision on those questions.
|