STATE OF RAJASTHAN vs M/S NAV BHARAT CONSTRUCTION CO.

The Supreme Court addressed appeals concerning an arbitration award under the Arbitration Act, 1940, specifically Section 30(1) regarding objections to the award. The Court upheld the lower court's decree, which included a modified interest rate of 12% per annum on the awarded sum of Rs. 6,68,058.16 from the date of the award. The Court clarified the authority of the Chief Engineer in resolving disputes under the contract, affirming the binding nature of such decisions as per Clause 23 of the Agreement.