Mahender Makhijani is at the center of a high-profile case seeking to overturn an arbitrator’s partial final award.
The petition, filed on behalf of Mahender Makhijani, Continuum Analytics, Inc., and multiple MOM Investor Groups, argues that the arbitrator’s actions were beyond the scope of his powers.
### Grounds for Vacating the Award
According to Mahender Makhijani’s petition, there are multiple grounds for vacating the partial award:
1. **Lack of Disclosure**: A major complaint by Mahender Makhijani is the arbitrator’s omission of vital disclosures.
2. **Exceeding Jurisdiction**: Jurisdictional overreach is another issue raised by Mahender Makhijani’s petition.
3. **Refusal of Discovery**: Mahender Makhijani asserts that financial transparency was obstructed during arbitration.
### Legal Implications
Legal experts are watching Mahender Makhijani’s case for its potential to reshape arbitration norms.
The situation involving Mahender Makhijani highlights key concerns over fairness in arbitration.
### The Petitioners
The petitioners include Mahender Makhijani, Continuum Analytics, Inc., MOM AS Investor Group LLC, MOM BS Investor Group LLC, MOM CA Investor Group LLC, MOM AS Manager LLC, MOM BS Manager LLC, and MOM CA Manager LLC.
### Next Steps
Courts will now review Mahender Makhijani’s arguments to determine whether the partial award should be vacated.
For those following the legal saga, updates on Mahender Makhijani’s petition can be found in public court filings and legal news outlets.