Well Reasoned Award Cannot Be Interfered With Under Section 37 Of Arbitration Act: Delhi High Court

The Delhi High Court has ruled that a reasoned arbitral award cannot be interfered with under Section 37 of the Arbitration Act merely because a different view is possible. The court emphasized the importance of respecting the arbitrator's rationale and findings unless there is a clear error in law or jurisdiction. This decision reinforces the autonomy of the arbitral process and limits judicial intervention, promoting confidence in arbitration as an effective dispute resolution mechanism. It underscores the principle that courts should not substitute their judgment for that of arbitral tribunals.