Supreme Court of India · 2019-02-20
BHARAT HEAVY ELECTRICALS LTD. vs MAHENDRA PRASAD JAKHMOLA .
- Citation / case number
- SC 2014/35085
- Court
- Supreme Court of India
- Petitioner
- BHARAT HEAVY ELECTRICALS LTD.
- Respondent
- MAHENDRA PRASAD JAKHMOLA .
- Author
- HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
- Bench
- HON'BLE MR. JUSTICE VINEET SARAN HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
Judgment text excerpt
The Supreme Court addressed multiple civil appeals concerning the interpretation of various provisions under the Arbitration and Conciliation Act, 1996, particularly focusing on Section 34 regarding the setting aside of arbitral awards. The Court established that the grounds for setting aside an award must be strictly interpreted and that mere dissatisfaction with the award does not suffice for annulment. The appeals were dismissed, affirming the validity of the arbitral awards in question.