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Associate Builders vs Delhi Development Authority on 25 November, 2014

In Associate Builders' case, it is held that, "An award can be said to be against justice only when it shocks the AS.109/2014 42 conscience of the court". It is further held that, "it is settled law that where: (i) a finding is based on no evidence, or (ii) an Arbitral Tribunal takes into account something irrelevant to the decision which it arrives at; or (iii) ignores vital evidence in arriving at its decision, such decision would necessarily be perverse". It is, therefore, award in respect of Claim No.1(a) and (b) needs to be set aside, as the same is passed against justice and in contravention of Arbitration and Conciliation Act, 1996 and terms of the contract.
Supreme Court of India Cites 55 - Cited by 2182 - R F Nariman - Full Document
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