GANGTOK, India, June 5 -- Sikkim High Court issued the following judgment/order on May 30:
This is an appeal preferred under section 37 of the Arbitration and Conciliation Act, 1996 (for short, the Arbitration Act). The impugned judgment and order dated 14.08.2023 dismissed the petition filed by M/s Teesta Urja Ltd. [now, Sikkim Urja Limited (appellant)] under section 34 refusing to interfere with the arbitral award dated 01.10.2019 in favour of the respondents herein.
2. The grounds for interference under section 34 of the Arbitration Act are limited. When should a Court interfere under section 34 is clearly defined in the provision and amply clarified by the Honble Supreme Court in its various judgments. On examination of the arbitral a...