Supreme Court Clarifies Grounds for Termination of Arbitral Proceedings

In a significant judgment delivered by a bench comprising Justices Abhay S. Oka and Pankaj Mithal, the Supreme Court has provided clarity on the grounds for termination of arbitral proceedings under Section 32(2)(c) of the Arbitration and Conciliation Act, 1996. The case involved a dispute between Dani Wooltex Corporation, Sheil Properties Pvt. Ltd., and Marico

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