Arbitral Award Can’t be Set Aside on Mere Erroneous Application of Law: Bombay HC

Recently, Bombay HC ruled that the Court, exercising power under Section 34 of the Arbitration and Conciliation Act cannot set aside the award on mere erroneous application of law. The bench of Justice Manish Pitale was dealing with the appeal filed by the National Highways Authority of India and the Government of India, through the

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