PSA SICAL TERMINALS PVT. LTD. vs THE BOARD OF TRUSTEES OF V.O. CHIDAMBRANAR PORT TRUST TUTICORIN

The Supreme Court addressed the appeal by PSA Sical Terminals Pvt. Ltd. against the Madras High Court's decision that set aside an arbitral award in favor of the appellant. The court examined the validity of the High Court's intervention under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996, and ultimately upheld the arbitral tribunal's award, emphasizing the limited grounds for judicial interference in arbitration matters. The appeal was allowed, restoring the arbitral award in favor of the appellant.