Saisudhir Energy Ltd. v. Ntpc Vidyut Vyapar Nigam
Supreme Court of IndiaSupreme Court of India, 2026, February judgment reference 112Bench: PS Narasimha; Atul S Chandurkar
The Supreme Court held that a court exercising appellate jurisdiction under Section 37 of the Arbitration and Conciliation Act, 1996 cannot re-calculate or substitute its own assessment of compensation once a Section 34 court has fixed a reasonable award within the terms of the contract.