Arbitration and Conciliation Act guided the State of Karnataka to uphold the arbitration award

In a recent landmark judgment, the Karnataka High Court, under the Arbitration and Conciliation Act, has set aside an erroneous modification of an arbitral award. The case involves a civil appeal (No. 8067 of 2019) where the court meticulously examined the judgment passed under Section 34 of the A&C Act and scrutinized the subsequent decision under Section 37 of the A&C Act. Case Background: The dispute arises from an arbitral…