ARMY WELFARE HOUSING ORGANISATION vs GAUTAM CONSTRN. & FISHERIES LTD.

The Supreme Court addressed objections under Section 15, 17, and 33 of the Arbitration Act, 1940 regarding an award by the sole Arbitrator, Justice V. Khalid. The Court held that both parties, Gautam Construction and Fisheries Ltd. (GC&FL) and Army Welfare Housing Organisation (AWHO), had valid claims for modification of the award due to errors in deduction and rejection of claims. The Court emphasized the importance of adhering to the arbitration agreement and the need for fair consideration of claims, ultimately allowing the objections for modification.