Adhunik Steels Ltd vs Orissa Manganese And Minerals Pvt. Ltd

The Supreme Court addressed the appeals under Section 37(1)(a) of the Arbitration & Conciliation Act, 1996, concerning a mining lease agreement between O.M.M. Private Limited and Adhunik Steels. The Court upheld the District Court's decision to restrain O.M.M. from terminating the agreement, finding that Rule 37 of the Mineral Concession Rules, 1960 did not apply to the arrangement. The Court emphasized the importance of maintaining the status quo until the arbitration process was completed, thus affirming the lower court's order.