Arbitration and Conciliation Act, 1996 — Section 37 read with Section 34 — Scope of Interference — Concurrent Findings — Statutory prohibition against re-appreciation of evidence — Challenges to arbitral award upholding 24% interest rate based on loan agreement terms dismissed by Single Judge and Division Bench; Supreme Court upholds affirmation — Re-appreciation of evidence on genuineness of loan agreements or terms, including interest rate, is prohibited under Section 34(2A) proviso, particularly when Arbitrator’s findings are concurrently upheld.
2025 INSC 1327 SUPREME COURT OF INDIA DIVISION BENCH SRI LAKSHMI HOTEL PVT. LIMITED AND ANOTHER Vs. SRIRAM CITY UNION FINANCE LTD. AND ANOTHER ( Before : J.B. Pardiwala and…







