Court Must Assign Reasons For Accepting Or Rejecting Grounds Of Challenge U/S 34 Of Arbitration Act: Bombay High Court

The Bombay High Court has ruled that a court is required to consider and assign reasons for accepting or rejecting all grounds of challenge under Section 34 of the Arbitration Act. This decision clarifies the procedural requirements for challenging arbitration awards. The ruling emphasizes the importance of reasoned judgments. This judgment provides clarity on arbitration. The ruling impacts arbitration challenges.