M/S. Kelkar And Kelkar vs M/S. Hotel Pride Executive Pvt. Ltd.

The Supreme Court reversed the High Court's decision that quashed an arbitration award in favor of M/s. Kelkar & Kelkar. The court held that the High Court had exceeded its jurisdiction under Articles 226 and 227 of the Constitution by remanding the matter for de novo consideration without sufficient grounds. The Supreme Court reinstated the arbitration award, affirming the original decree for payment of Rs.12,46,663.