M/S. Interstate Construction vs National Projects Construction ...

The Supreme Court examined an appeal against a High Court judgment that set aside an arbitral award under Section 37 of the Arbitration and Conciliation Act, 1996. The dispute involved contractual obligations related to a power project, with the High Court upholding the setting aside of certain directions in the arbitral award. The Court analyzed the validity of the High Court's interference with the arbitral award and the scope of appellate review under the 1996 Act. The judgment clarified the standards for judicial intervention in arbitral awards in contractual disputes.