Home Case Index All Cases Companies Law Companies Law + SC Companies Law - 1966 (9) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1966 (9) TMI 132 - SC - Companies LawWhether there was no error on the face of the award and the High Court exceeded its jurisdiction in setting aside the award of the arbitrator? Held that:- The Umpire, in fixing the amount of compensation, had not proceeded to follow any principles, the validity of which could be tested on the basis of laws applicable to breaches of contract. He awarded the compensation to the extent that he considered right in his discretion without indicating his reasons. Such a decision by an Umpire or an Arbitrator cannot be held to be erroneous on the face of the record. We, therefore, allow the appeals, set aside the appellant order of the High Court, and restore that of the learned single Judge.
|