M/S.Northern Coalfields Ltd vs Heavy Engineering Corp.Ltd. & Anr

The Supreme Court addressed the arbitration disputes between two government-owned corporations under the Arbitration and Conciliation Act, 1996. The Court emphasized the necessity of adhering to arbitration clauses in contracts, holding that disputes should be resolved through arbitration rather than through prolonged litigation. The Court ruled that the interim injunction issued by the High Court against implementing the awards was improper, thereby allowing the arbitration awards to be enforced.