OLYMPUS SUPERSTRUCTURES PVT. LTD. vs MEENA VIJAY KHETAN

The Supreme Court upheld the Bombay High Court's decision confirming the dismissal of objections under Sections 5 and 34 of the Arbitration and Conciliation Act, 1996, against three arbitration awards. The Court reiterated that the arbitration clause in the agreements was valid and binding, and emphasized the importance of adhering to the contractual terms regarding payment schedules and termination. The Court found no merit in the appellant's claims of default by the respondents, affirming the awards passed by the arbitrator.