Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Arbitrator's Decision To Choose Internationally Recognised Formula Based On Expertise For Computing Damages Can't Be Faulted: Delhi High Court
The Delhi High Court has declined to interfere with the methodology adopted by an international arbitrator for computing damages arising from a breach of contract. The court noted that the arbitrator's approach was primarily driven by expert evidence and a well-reasoned methodology. This ruling reflects the principle of minimal judicial intervention in the merits of arbitral awards, particularly when the arbitrator has applied their expertise and followed a logical process in assessing damages, even if a domestic court might have adopted a different approach under similar circumstances.