Arbitration and Conciliation Act, 1996
Section 36(3), second proviso to—Unconditional stay of an arbitral award on ground that arbitration agreement was induced by fraud—Prayer for—Since the court has recorded its lack of satisfaction on the prima facie case made out by the petitioner/award-debtor on the arbitration agreement being induced/effected by fraud, the prayer for unconditional stay of award is rejected.
[Paras 25 to 34]