Union Of India vs Larsen And Tubro Limited (L And T)

The Supreme Court examined the validity of an arbitral award under Section 37 of the Arbitration and Conciliation Act, 1996, after the High Court dismissed the appeal against the arbitral award. The Court analyzed whether the arbitral tribunal's decision was in accordance with law and the contractual agreement. The Court upheld the arbitral award, affirming the High Court's decision, and emphasized the limited scope of judicial review in arbitration matters.