M/S. M.B. PATEL & CO. vs OIL & NATURAL GAS COMMISSION

The Supreme Court upheld the High Court's decision to set aside the Arbitrator's award dated 03.05.1985, citing misconduct and errors on the face of the record as per the Arbitration Agreement's clauses 14 and 18. The Court found that the Arbitrator had overlooked these clauses, which disallowed claims for compensation and interest, leading to an unintelligible lump sum award. The appeal was dismissed, directing the Arbitrator to reconsider the matter in light of the High Court's reasoning.