The petitioner claimed that the bank misused blank letters signed by the petitioner on their request by investing in loss-making funds, thus causing wrongful gain.
The Court noted that the State failed to provide material that the convict is beyond rehabilitation and reformation, which was a mitigating circumstance in favour of the convict.
The Calcutta High Court recently highlighted that arbitral awards passed by an arbitrator appointed unilaterally, that is, only by one of the parties to the arbitral dispute, are void and unenforceable in law.