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…
Delhi High Court Dismisses BSNL's Appeal U/S 37 Of A & C Act, Upholds Arbitral Award Of Rs. 43.52 Crore
Delhi High Court dismissed BSNL's appeal under Section 37 of the Arbitration and Conciliation Act and upheld an arbitral award of ₹4352 crore against the company. Section 37 allows appeals against certain orders made during arbitration proceedings. The High Court's dismissal reaffirms the validity of the arbitral award, indicating that the court found no legal basis to interfere with the decision of the arbitral tribunal. This has significant financial implications for BSNL.