State Of Maharashtra vs S.D. Shinde And Co

The Supreme Court addressed the arbitration dispute between the appellant and respondent under Section 20 of the Arbitration Act, 1940, emphasizing the need for a fair hearing and consideration of all evidence by the arbitrator. The Court upheld the High Court's decision to set aside the interim award and remand the matter for fresh arbitration, ensuring both parties have the opportunity to present their cases. The Court affirmed the direction for the appellant to pay the respondent a sum of Rs. 26,62,856 along with interest, as the Government had approved the payment.