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Supreme Court Restores Arbitral Award in Dispute Over BOQ Rates for Increased Quantities of Geogrid, Emphasizes Limited Scope of Judicial Review Under Sections 34 and 37 of the Arbitration Act
1. Court's Decision The Supreme Court overturned the Delhi High Court Division Bench’s decision that had set aside an arbitral award favoring the contractor. It reinstated the award, emphasizing that:…
