UNION OF INDIA vs U.P.STATE BRIDGE CORP. LTD.

The Supreme Court upheld the High Court's decision to intervene in the arbitration proceedings under the Arbitration and Conciliation Act, 1996, due to undue delay caused by the Arbitral Tribunal. The Court emphasized that the Tribunal's failure to adhere to the timelines set by the High Court constituted a violation of the principles of justice and efficiency in arbitration. The Court directed that the arbitration proceedings must be concluded expeditiously, reinforcing the importance of timely resolution in arbitration matters.