The Court exercising jurisdiction under Section 34 of the Arbitration and Conciliation Act, 1996 does not sit as a Court of Appeal against the findings of Arbitral Tribunal – ARG Outlier Media Pvt. Ltd. Vs. HT Media Ltd. – Delhi High Court
Hon’ble High Court held that it is settled law that the Court exercising jurisdiction under Section 34 of the Act does not sit as a Court of Appeal against the findings of the learned Arbitral Tribunal. Its jurisdiction under Section 34 of the Act is rather limited and even a contravention of a statute, that is not linked to a public policy or public interest, cannot be a ground for setting aside an Arbitral Award under Section 34 of the Act. Therefore, even assuming that the learned Sole Arbitrator made a mistake in the interpretation of the Maharashtra Stamp Act, in my view, it cannot be a ground to interfere with the Arbitral Award in the exercise of the limited jurisdiction under Section 34 of the Act.
