Scope of Section 37 Interference and Due Diligence in Public Sector Arbitration Appeals

Highlights of the Judgment:
- Analysis of the limited scope of judicial interference under Section 37 of the Arbitration and Conciliation Act, 1996.
- Examination of the principle of due diligence regarding non-disclosure and alleged fraud during public tender processes.
- Application of statutory provisions governing arbitrator independence and impartiality under Section 12 and the Seventh Schedule.
- Evaluation of contractual mechanisms governing joint measurements and verification of running account bills.
- Clarification that routine civil disputes involving public sector undertakings do not attract broad public policy exceptions post-completion.