Supreme Court of India · 2022-01-11
Haryana Tourism Limited vs M/S Kandhari Beverages Limited
- Court
- Supreme Court of India
- Petitioner
- Haryana Tourism Limited
- Respondent
- M/S Kandhari Beverages Limited
- Author
- M.R. Shah
- Bench
- B.V. Nagarathna, M.R. Shah
Judgment text excerpt
The Supreme Court overturned the High Court's decision that had set aside the arbitration award in favor of Haryana Tourism Limited. The court emphasized the importance of upholding arbitration awards unless there are significant legal grounds to invalidate them. It ruled that the High Court erred in its interpretation of the Arbitration and Conciliation Act, thereby reinstating the original arbitration award in favor of the appellant.