AIROnline 2024 SC 643



Supreme Court Of India

(From : Punjab And Haryana)

Hon’ble Judge(s):

Pamidighantam Sri Narasimha,
Pankaj Mithal
, JJ

(A) Arbitration and Conciliation Act (26 of 1996) , S.34, S.37— Arbitral award – Setting aside by APPellate Court – Legality – Award was based upon evidence and was reasonable – Award was not found to be against public policy of India or the fundamental policy of Indian law or in conflict with the most basic notions of morality and justice – Award was not against any substantive provision of law or the Act. – Award was rightly upheld by the court exercising powers under S. 34 of the Act – View of the APPellate Court was a better view than the view taken by the arbitral tribunal, could not be a ground to set aside the award – Arbitral award was restored.
Judgment and order Dt. 10.01.2017 (P and H)-Reversed

(Para 16
22
23)

(B) Arbitration and Conciliation Act (26 of 1996) , S.34, S.37— Arbitral award – Interference by APPellate Court – Scope of – Explained.
AIROnline 2019 SC 1928-FollowedAIR 2001 SC 1179-FollowedAIR 2023 SC 4049-FollowedAIR 2019 SC 1168-Followed

Intervention of the court in arbitral matters is virtually prohibited, if not absolutely barred and the interference is confined only to the extent envisaged under S. 34 of the Act….

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1 Comment

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