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Supreme Court of India 2024-07-08 partly_allowed

Private Limited vs Samir Narain Bhojwani

Bench: 2 — Abhay S. Oka, Pankaj Mithal

In Brief

A developer and a claimant in a real estate project disputed performance obligations relating to a slum rehabilitation scheme. After arbitration, the tribunal awarded substantial relief to the claimant. The developer challenged the award under Section 34 of the Arbitration Act; the High Court's single judge allowed the challenge. On appeal under Section 37, the Division Bench remanded the case for fresh consideration. The Supreme Court held that remand was unwarranted because the single judge had elaborately dealt with merits. The Court emphasized that remand under Section 37 is exceptional and should not become routine, as it defeats the Arbitration Act's objective of efficient, expeditious, cost-effective dispute resolution. The appeal was partly allowed and remanded to the High Court for decision on merits.

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Arbitration Arbitration and Conciliation Act 1996 Section 34 Section 37 Arbitral Award Challenge to Award Real Estate Development Slum Rehabilitation

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