Narayan Prasad Lohia vs Nikunj Kumar Lohia

The Supreme Court addressed the interpretation of Section 10 of the Arbitration and Conciliation Act, 1996, which mandates that the number of arbitrators must be odd. The Court held that the appointment of two arbitrators constituted a violation of this provision, thereby affirming the High Court's decision to set aside the arbitration award. Consequently, the appeals filed by the appellant were dismissed, upholding the lower court's ruling regarding the invalidity of the arbitration award due to the even number of arbitrators.