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V. KAMESWAR RAO
Medeor Hospital Limited Formerly Rockland Hospitals Limited – Appellant
Versus
Ernst and Young LLP – Respondent
| Table of Content |
|---|
| 1. factual background establishing the parties' engagement. (Para 1 , 2 , 3 , 4 , 5) |
| 2. development of the financial restructuring plan and its legal implications. (Para 6 , 7 , 8 , 9 , 10) |
| 3. arguments regarding the entitlement of ey for the success fee. (Para 11 , 12 , 14) |
| 4. court's analysis of the arbitration proceedings and procedural validity. (Para 15 , 18 , 21 , 22) |
| 5. legal interpretation and implications of the loe in determining success fees. (Para 19 , 20 , 29 , 30 , 32) |
| 6. discussion of mandatory requirements under the arbitration and conciliation act. (Para 24 , 25 , 26 , 27 , 28) |
| 7. analysis of substantive elements of the arbitration agreement. (Para 38 , 39 , 40 , 41 , 42) |
| 8. court’s decision on the validity of the arbitration award. (Para 46 , 47 , 48) |
| 9. final conclusion and dismissal of the petition challenging the award. (Para 80 , 81 , 82) |
JUDGMENT :
V. Kameswar Rao, J.
At the outset, I may briefly narrate the facts leading up to this petition. The petitioner is a company registered under the name M/s. Medeor Hospitals Ltd., formerly known as M/s. Rockland Hospitals Ltd. (‘RHL’, for short) and was operated under the brand name Rockland Hospitals (hereinaft
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