(1.) This is an application under Section 48 of the Arbitration and Conciliation Act, 1996 challenging the enforceability of a foreign award dated 21st September, 2012 as amended by the amending award dated 20th November, 2012. The grounds for challenge are:-
(2.) Although, various grounds have been taken in the petition but arguments have been advanced essentially on two points, namely, the constitution of the arbitral tribunal and that there was no valid concluded contract.
(3.) Before considering the objections raised by the petitioner, it is necessary to briefly indicate the facts.
ABOUT US "REGENT COMPUTRONICS PVT. LTD." is a Company incorporated in 1991 under the provisions of the Companies Act, 1956. Since its inception to 1995, the Company was busy in carrying out the activities related to various Banks' Job Work..
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