Refund Of Liquidated Damages Imposed By Party Responsible For Delay In Work Can't Be Interfered With U/S 37 Of Arbitration Act: Rajasthan High Court

The Rajasthan High Court has declined to interfere with an arbitration award that directed the refund of liquidated damages to a party that was found not to be responsible for the delays in the completion of a project. The court upheld the arbitrator's decision, emphasizing the limited scope for judicial intervention in arbitration awards unless there is a clear finding of fraud, bias, or a violation of fundamental principles of natural justice. This ruling reinforces the finality and enforceability of arbitration awards based on the merits of the case and the findings of the arbitral tribunal.