If the awarded amount is upto 1 Crore then petition under section 34 of Arbitration Act lies in District courts after enforcement of commercial courts Act and if awarded amount is more than 1 Crore then lies to High court. Prithvi Raj Sikka LAW JURIS ( Delhi) Managing Partner lawjuris09@gmail.com 9811054562 more
No appeal lies. You can file petition under section 34 of Arbitration & Conciliation act before District Judge if award is upto 1 Crore as per commercial courts Act. If award is more than 1 Crore then before High court. No consumer court has no jurisdiction . you may contact us as we are based at Delhi. Prithvi Raj Sikka Advocate Managing Partner LAW JURIS 9811054562 lawjuris09@gmail.com more
Arbitration Award is like a judgement of a civil court. If Arbitrators have been appointed by / through Court then Arbitration Award is submitted in the Court and the Court after hearing any objection of either party passes a final judgement. No new objection will be put up. Only main / material objection which the Arbitrator failed to consider in his Award will be considered by the court while delivering judgement / decree. An appeal of this falls in upper court having jurisdiction over it. more
Under section 34 of Arbitration & Conciliation act, the Arbitration Award could be challenged. But as per the amended Act, there should be a strong ground to challenge the same to look in to it by the court. Otherwise, the court may not accept the application itself. more
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