FOOD CORPORATION OF INDIA vs SURENDRA, DEVENDRA & MAHENDRA TRANS.CO.

The Supreme Court upheld the High Court's decision affirming the arbitrator's award under the Arbitration Act, 1940, specifically referencing Section 20 which allows for the appointment of an arbitrator by the court. The Court emphasized that disputes arising from the contract must be referred to arbitration as per Clause XX of the agreement, which mandates the appointment of an arbitrator by the Managing Director of the Food Corporation of India. The Court concluded that the arbitration process was valid and binding, thereby dismissing the appeal by the Food Corporation of India.