SIKKIM SUBBA ASSOCIATES vs STATE OF SIKKIM

The Supreme Court addressed the arbitration dispute between the State of Sikkim and M/s Sikkim Subba Associates under the Arbitration Act, 1940. The Court held that the High Court erred in setting aside the arbitral award made by the District Judge, which had determined the net amount payable to the appellants. The Court reinstated the award, emphasizing the finality of arbitral decisions unless there are grounds under Section 30 of the Act to set them aside, which were not present in this case.