Supreme Court · 2022 INSC 7 · Decided 3 January 2022
I-Pay Clearing Services Private Limited v. Icici Bank Limited
- Court
- Supreme Court of India
- Citation
- 2022 INSC 7 · [2022] 2 S.C.R. 893
- Case number
- CIVIL APPEAL No. 7/2022
- Decided
- 3 January 2022
- Bench
- R. SUBHASH REDDY, HRISHIKESH ROY (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 34(4), 31, 34(1), 34(2A)
Headnote
Arbitration and Conciliation Act, 1996 - s.34(4) - Arbitral award passed by sole arbitrator pursuant to dispute between parties being referred to arbitration u/s.8 over claims made by appellant - Petition filed by respondent u/s.34(1) for setting aside the award - In the for remitting the matter to Sole Arbitrator u/s.34(4) - The Arbitrator had framed five points for determination and point no.1 was, "Whether the contract was illegally and abruptly terminated by the respondent?" - High Court held that unless and until a finding was
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