Consolidated Construction Consortium ... vs Software Technology Parks Of India

The Supreme Court reviewed a High Court decision that set aside an arbitral award in a contractual dispute involving the construction of a building. The High Court had allowed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, thereby overturning a Single Judge's order that had set aside an arbitral award under Section 34. The Court examined whether the High Court correctly intervened in the arbitration process and upheld the principles of judicial restraint in arbitration matters. The judgment underscores the importance of respecting arbitral awards unless there are valid grounds for setting them aside.