Supreme Court of India · 2022-01-18
Atlanta Limited Thr. Its Managing ... vs Union Of India Represented By Chief ...
- Court
- Supreme Court of India
- Petitioner
- Atlanta Limited Thr. Its Managing ...
- Respondent
- Union Of India Represented By Chief ...
- Author
- Hima Kohli
- Bench
- Hima Kohli, A. S. Bopanna, N. V. Ramana
Judgment text excerpt
The Supreme Court addressed the appeal by Atlanta Limited against the High Court's decision that partially set aside an arbitral award in favor of the appellant. The court examined the validity of the High Court's interference with the award concerning idle hire charges and the value of tools and machinery. Ultimately, the Supreme Court upheld the arbitral award, reinforcing the sanctity of arbitration agreements and the limited grounds for judicial intervention under the Arbitration Act.