National Agr.Co-Op. M.F.O.I. ... vs M/S. Earthtech Enterprises Ltd

The Supreme Court held that the Division Bench of the Delhi High Court erred in setting aside the order of the learned Single Judge which upheld the interim award of the Arbitrator directing the respondent to pay Rs.90 crores to the appellant. The Court emphasized that the respondent had not challenged the earlier order confirming its liability, thus the interim award was valid. Consequently, the Court restored the Single Judge's order and allowed the appeal, stating there would be no order as to costs.