Courts Cannot Reappraise Awards Merely for a Better View: Supreme Court Restores Arbitral Award

In a significant ruling reaffirming the principles governing arbitration in India, the Supreme Court, in Punjab State Civil Supplies Corporation Ltd. & Anr. v. M/S Sanman Rice Mills & Ors., has overturned a decision of the Punjab and Haryana High Court that had set aside an arbitral award. The Supreme Court emphasized that judicial interference

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