Case Law Analysis
|Bombay High Court
Section 34 Arbitration Act | Withholding Partnership Records Forfeits Right to Challenge Award’s Turnover-Based Share Calculation : Bombay HC
The Bombay High Court upheld an arbitral award of Rs. 7.39 crores to a partner whose financial records were deliberately withheld by the co-partner, ruling that such obstruction forfeits the right to contest the award’s computation method. The judgment establishes that limitation in partnership dissolution begins at dissolution, not profit accrual, and deliberate non-cooperation undermines procedural fairness in arbitration.