INTERNATIONAL CONSTRUCTION CO. vs STATE OF A.P.

The Supreme Court addressed appeals arising from the Andhra Pradesh High Court's decision to set aside part of an arbitration award concerning claims for losses due to a cyclone and floods. The Court held that the High Court erred in interpreting the contract clauses and reappraising evidence, particularly regarding the timeliness of claims under Clause 83 of the agreement, which mandates submission within 15 days of the cause of action. The Court reinstated the arbitration award, emphasizing the necessity of adhering to the contractual stipulations for claims.