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2001 (10) TMI 1156 - SC - Indian LawsExtract: ....... excludes applicability of Section 73 of the Indian Contract Act and the proposition of law stated by the arbitrators is correct, then Section 73 is not attracted to the case. In this view of the matter, we find absolutely no substance in these petitions and they are dismissed with costs of the respondents quantified at ₹ 5,000/- in each set.
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