M/S RPS INFRASTRUCTURE LTD. vs MUKUL KUMAR

The Supreme Court examined the enforceability of an arbitral award passed in favor of the appellant, which directed the Corporate Debtor to transfer licenses. The Court considered the proceedings initiated under Section 34 of the Arbitration and Conciliation Act, 1996, and the subsequent judicial review of the award. It upheld the award's validity and the arbitration process, emphasizing the importance of respecting arbitral awards and the limited scope of judicial interference. The judgment reinforces the principle that arbitral awards, once confirmed, are binding and enforceable under Indian law.