#public policy of India

Chhattisgarh High Court sets aside an arbitral award granting loss of profit, holding that damages cannot be awarded without proof of actual loss or a contractual entitlement. The ruling reinforces that arbitrators exceed their jurisdiction under Section 34 of the Arbitration and Conciliation Act when granting unproven claims, protecting parties from speculative compensation.

Bombay HC enforces an ICC award governed by Qatari law, holding that Indian public policy does not override parties' choice of foreign law for damages, including both liquidated and unliquidated claims. The ruling clarifies the scope of enforceability of foreign awards in commercial disputes with international elements.