Punjab State Civil Supplies ... vs M/S. Sanman Rice Mills

The Supreme Court examined the powers of the Appellate Court under Section 37 of the Arbitration and Conciliation Act, 1996, in the context of a challenge to an arbitral award. The Court held that the Appellate Court exceeded its jurisdiction by setting aside the arbitral award dated 08.11.2012, which had been upheld under Section 34 of the Act, emphasizing that judicial interference is limited and must adhere to the grounds specified in the Act. Consequently, the Court allowed the appeal, reinstating the arbitral award in favor of the Punjab State Civil Supplies Corporation Ltd.