Grant of Interim Award - There was a fundamental failure of the ...
Supreme Court Overturns Arbitral Award; Tribunal Overlooked Key Plea on Group of Companies Doctrine u/s 16.
April 30, 2022
Case Laws Indian Laws SC
Grant of Interim Award - There was a fundamental failure of the first Arbitral Tribunal to address the plea raised by ONGC for attracting the group of companies doctrine. Moreover, by leaving the application filed by ONGC for discovery and inspection unresolved, the first Arbitral Tribunal failed to allow evidence which may have had a bearing on the issue of whether JDIL could be considered to have an economic unity with DEPL and could hence be made a party to the arbitral proceedings - interim award of the Arbitral Tribunal on the plea raised by JDIL under Section 16 has to be set aside - SC
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