Setting aside an Award
An application for setting aside an arbitral award may be made before the court, by a party within three months of receipt of the award by him. The court may set aside an award on the following grounds:
- a party was under some incapacity;
- the arbitration agreement is not valid under the law;
- the party making the application was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present his case;
- the award deals with a dispute not contemplated by or beyond the scope of the submission to arbitration;
- the composition of the arbitral tribunal or the arbitral proceedings was not in accordance with the agreement or with the law;
- the subject-matter of the dispute is not capable of settlement by arbitration under the law; or
- the arbitral award is in conflict with the public policy of India.
An appeal shall lie before the court, against the following orders-
- granting or refusing to grant any interim measure
- setting aside or refusing to set aside an arbitral award and
- granting or refusing to grant an interim measure of protection.
No second appeal shall lie against the appellate order of the court, except, however, that an appeal may be made to the Supreme Court.