[Arbitration Act] Retroactive Application Of Judicial Decisions To Arbitral Awards Would Create Legal & Procedural Chaos: Allahabad High Court

The Allahabad High Court addressed the retroactive application of judgments on arbitral awards under the Arbitration Act. The court ruled that judgments affecting rights under the Act should not be applied retroactively unless specifically stated. This decision clarifies the procedural aspects of arbitration awards and their legal implications post-judgment. It emphasizes the importance of clarity in applying judicial decisions to arbitral awards to maintain fairness and consistency in arbitration proceedings.