Arbitration has become a well-sought-after dispute resolution mechanism due to its expedience, and finality. However, arbitration has not always been synonymous with speedy resolution.... Read more »
In Punjab State Civil Supplies Corporation Ltd. vs M/S Sanman Rice Mills & Ors. [2024 INSC 742], the Supreme Court of India upheld an arbitral award and emphasized limited judicial intervention under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996. The dispute concerned outstanding dues between the Punjab State Civil Supplies Corporation… Read more »