Threshold To Prove Fraud & Corruption In Arbitral Award Is Much Higher Than Merely Criticising Findings Of Arbitrator: Calcutta High Court

The Calcutta High Court ruled that the threshold to prove fraud and corruption in the making of an arbitral award is much higher than a mere criticism of the arbitrator's findings. The court emphasized the need for substantial evidence. This decision reinforces the integrity of arbitral awards. The ruling clarifies the requirements for challenging arbitral awards.