INDIAN OIL CORPORATION versus INDIAN CARBON LTD.
The arbitrator provided sufficient intelligible reasons addressing the substantial points raised. The requirement for a reasoned award does not mean an elaborate or detailed judgment; the award is not assailable for lack of detailed reasons. Court does not sit in appeal over arbitrator’s reasons except where conclusions lack evidential support or are based on errors of law.
- Parties
- Petitioner: Indian Oil Corporation; Respondent: Indian Carbon Ltd.
- Jurisdiction
- India
- Judgment Date
- 06 April 1988
- Procedural Posture
- Special Leave Petition (civil) / Final Disposal by Supreme Court
- Outcome
- Special Leave Petition dismissed
- Legal Topics
- Reasoned Award, Arbitration Procedure, Judicial Review of Arbitral Awards
Case Brief
Summary, issues, holding and outcome
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Parties
Indian Oil Corporation
Petitioner
Indian Carbon Ltd.
Respondent
Procedural Posture
Special Leave Petition (civil) / Final Disposal by Supreme Court
Legal Issues
- 1 Whether the arbitrator's award is reasoned as required by the arbitration clause
- 2 Sufficiency of reasons in an arbitral award
- 3 Whether the court can set aside the award for lack of detailed reasons
Ratio Decidendi
The arbitrator provided sufficient intelligible reasons addressing the substantial points raised. The requirement for a reasoned award does not mean an elaborate or detailed judgment; the award is not assailable for lack of detailed reasons. Court does not sit in appeal over arbitrator’s reasons except where conclusions lack evidential support or are based on errors of law.
Court Disposition
Special Leave Petition dismissed
Orders
- Petition dismissed
- High Court order upheld
Full Case Text
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