Arbitral Award Can't Be Set Aside Over Insufficient Stamping Without Opportunity To Cure Defect: Rajasthan High Court

The Rajasthan High Court has ruled that arbitration awards cannot be set aside by a court solely on the ground of insufficient stamping without first providing the parties involved an opportunity to rectify the deficiency by undertaking the proper stamping procedures as required by law. This judgment emphasizes a pragmatic approach aimed at upholding the validity of arbitration awards where possible, ensuring that technicalities related to stamp duty do not automatically invalidate the outcome of the arbitration process, especially when the deficiency can be cured by the parties.