M/S.NORTHERN COALFIELDS LTD. vs HEAVY ENGINEERING CORP.LTD.

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 and the importance of resolving disputes efficiently. The Court held that the interim injunction by the High Court restraining the implementation of arbitration awards was improper, thereby allowing the arbitration process to proceed as per the contractual agreements.