Arbitrator's Award For Compensation For Excess Work And Business Loss Without Sufficient Evidence Is Perverse, Contrary To Fundamental

In a recent Calcutta High Court case, the court found that an arbitration award granting compensation for excess work and business loss lacked sufficient evidence, labeling it as "perverse" and contrary to fundamental policy. The arbitrators had awarded compensation based on unsubstantiated claims of additional work and business losses. The court's intervention highlighted issues with the evidence presented and the arbitrators' adherence to legal standards. This decision underscores the importance of substantiating claims with proper evidence in arbitration proceedings and ensuring that awards are consistent with fundamental legal principles.