MVA – Criminal case  – Acquittal in a criminal case – Effect on claim petition

Arbitration and Conciliation Act, 1996

Arbitration Act, 1996 – Discretionary power conferred under Section 34(4) 

38. In absence of any finding on Point 1, as pleaded by the respondent and further, it is their case that relevant material produced before the arbitrator to prove “accord and satisfaction” between the parties, is not considered, and the same amounts to patent illegality, such aspects are to be considered by the Court itself. It cannot be said that it is a case where additional reasons are to be given or gaps in the reasoning, in absence of a finding on Point 1 viz. “whether the contract was illegally and abruptly terminated by the respondent?”. *** 40. Merely because an application is filed under Section 34(4) of the Act by a party, it is not always obligatory on the part of the Court to remit the matter to Arbitral Tribunal. The...

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Reason and Finding

"findings‟ and "reasons‟ in the following way: “37. In our view, Section 34(4) of the Act can be resorted to record reasons on the finding already given in the award or to fill up the gaps in the reasoning of the award. There is a difference between “finding” and “reasons” as pointed out by the learned Senior Counsel appearing for the respondent in the judgment in ITO v. Murlidhar Bhagwan Das  . It is clear from the aforesaid judgment that “finding is a decision on an issue”. Further,...

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