M. Anasuya Devi And Anr vs M. Manik Reddy And Ors

The Supreme Court held that the validity of an arbitral award under the Arbitration and Conciliation Act, 1996 cannot be challenged on grounds not specified in Section 34(1) of the Act. The Court clarified that issues regarding the requirement of stamping and registration of the award are relevant only during enforcement under Section 36, and not during the setting aside proceedings. The Court overturned the High Court's decision that declared the award invalid due to lack of stamping and registration, emphasizing that such objections are premature at the stage of Section 34 proceedings.