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State of Rajasthan & Ors. vs. Bhawan Avam Path Nirman (Bohra) & Co.

30.00 3.00

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Arbitration & Conciliation Act, 1996–Secs. 34 & 37–Award–Set aside by Court below–Appreciation of–Court below found that all five members of the SEC were largely not present during the arbitration proceedings–It was in contravention to Sec. 32(2)(v)–Further, the award was passed without recording any reason–Principle of natural justice was not followed in passing the award–Held, it was rightly set aside by Court below.