Q: Describe the citation of Associate Builders vs Delhi Development Authority on 25 November, 2014 ?
Ans:
Associate Builders vs Delhi Development Authority on 25 November, 2014 .
The honourable Supreme Court held that any arbitral award must be fair, rational, and impartial in order for it to be upheld by the courts. The Supreme Court laid down the grounds of public policy as follows:
The 'fundamental policy of India' would include:
Disregarding the orders of Superior courts
Judicial approach
Natural justice principles
Decision of arbitrator cannot be irrational to the extent that no rational person can reach a similar conclusion.
The Supreme Court described "Indian interest" as everything that has to do with India's place in the world community and its ties with other countries.
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