Web24 Feb 2024 · setting aside or refusing to set aside an arbitral award under section 34 of the Act; a grant of the plea of a party by the arbitral tribunal that it does not have jurisdiction; Web4 Feb 2024 · If an arbitral award is set aside after the decision recognising the award has been issued, what challenges are available? Switzerland. An award that has been fully set aside at the seat of arbitration will, in general, be denied recognition and enforcement in Switzerland, consistent with article V(1)(e) of the New York Convention.
US appeals court does U-turn over grounds for set-aside
Web29 Jun 2024 · The second mechanism is under Section 34 (4), whereby the Courts can adjourn the proceedings for setting aside arbitral awards and provide an opportunity to the arbitral tribunal to take appropriate actions to eliminate the grounds for setting aside such arbitral awards. Web19 Aug 2024 · Sec. 34 of the Act deals with the setting aside of the arbitral award. In order to set aside an arbitral award, one needs to file an application in the court. Such an application by the party may be accepted or rejected by the court. This provision of challenging is different than the process of appeal. ravindrababu ravula gate
What is the application for setting aside the arbitral awards
Web24 Nov 2024 · Confirmed that there may be a basis to set aside an award where a tribunal has made findings on new claims, defences or arguments introduced at a stage of the proceedings which deprived the counter-party of the ability effectively to respond. Web26 May 2024 · Oil India Limited1 has set aside an arbitral award on the ground that the interpretation adopted by the arbitral tribunal was not a possible interpretation of the contract and therefore, did not pass the muster under Section 34 of the Arbitration Act. FACTUAL BACKGROUND WebHowever, the Indian Supreme Court in un-ambiguous terms has held that delivery has to be effective to be called as a receipt. Therefore, only on actual receipt of the award can an application for setting aside the arbitral award be filed in India. Footnotes. 1 (2005) 4 SCC 239. 2 (2011) 4 SCC 616. 3 (2010) 12 SCC 210. druk zus zla co to jest