Gargi Ranade (Company Secretary) 15 April 2016
Rakesh Jain (Director) 15 April 2016
in certain cases the arbitration also can be challanged as enlisted in chapterVII as recourse against arbitral award in the arbitration act 1996(1)biased arbitrator, or despite the undertaking that he is neutral, but there is concrete proof of him being biased due to vested interest, or proved to be of unsound mind(2) subject matter is in contradiction of the law in force for the time being.(3)arbitral award is in conflict with public policy of india, and such other instances, it can be challanged in the court of local jurisdiction, secondly, for adjudication of the decree, and enforciablity of the decision, the local court is the jurisdiction
JustAdvisor (IT) 20 April 2016