Union Of India (Uoi) And Ors. vs Banwari Lal And Sons (P) Ltd.

The Supreme Court upheld the award made by the arbitrator under the Arbitration Act, 1940, determining damages for the requisitioned property at rates of Rs. 151 per sq. ft. for covered areas and varying rates for open spaces. The Court found no merit in the appellant's claims that the damages were excessive or illegal, affirming that the assessment was reasonable given the commercial nature of the property. The appeal against the High Court's dismissal of the objections to the award was therefore dismissed, confirming the arbitrator's decision.