M/S. P. Manohar Reddy & Bros vs Maharashtra Krishna Valley ...

The Supreme Court addressed the arbitration process outlined in the contract between the parties, specifically focusing on clauses 54 and 55 regarding dispute resolution. The Court held that the contractor must follow the stipulated procedure for arbitration, including timely requests for decisions and appeals to higher authorities, as per the Indian Arbitration Act, 1940. The Court emphasized that failure to adhere to these procedures could result in the finality of the Executive Engineer's decisions, thereby upholding the contractual obligations of both parties.