State Of U.P & Ors vs M/S Combined Chemicals Company Pvt.Ltd

The Supreme Court addressed the validity of the acceptance letter dated 16.11.1985 as an enforceable agreement under the arbitration clause in the tender document. The Court held that the acceptance letter constituted a binding agreement, allowing the respondent to invoke arbitration as per Clause 16 of the tender form. The Court further ruled that the Arbitrator's decision was not vitiated by a patent error of law and that the trial Court's order to make the award rule of the Court was upheld.