The Supreme Court of India, in a significant judgment on arbitration law, has allowed appeals filed by the Indian Railways Catering and Tourism Corp. Ltd. (IRCTC) and set aside an arbitral award that had granted claims worth crores to railway caterers. A bench comprising Justice Sanjay Kumar and Justice Satish Chandra Sharma held that the
Arbitrator Cannot Rewrite Contract Contrary to Binding Policy: Supreme Court in IRCTC Catering Dispute
