PublicPolicy
We Owe it to Them and Ourselves that They Live, Not Merely Exist
by Kunal Chatterji*
Finality of Arbitral Awards: Raunaq B. Mathur, Partner, Saraf & Partners weighs in at India ADR Week 2025
At the Nani Palkhivala Arbitration Centre’s panel on “Finality of Arbitral Awards: Principle, Practice and Pitfalls” during India ADR Week 2025, Raunaq B. Mathur, Partner at Saraf & Partners emphasised the evolving judicial approach to arbitral awards.
OYO v Zostel | Delhi High Court sets aside Arbitral Award citing public policy violation and non-adjudication of core claims on unenforceable Term Sheet
The core dispute between OYO and Zostel arose from a Term Sheet dated 26-11-2015, which proposed OYO’s acquisition of Zostel’s business. While Zostel claimed to have fulfilled its obligations and sought specific performance, OYO argued the Term Sheet was non-binding and lacked enforceable terms.