Supreme Court Allows Balaji Industrial SAIL Arbitration Appeal

• Supreme Court allows appeal, quashes Calcutta High Court order remitting Section 34 petition for fresh hearing.
• Rules Single Judge was designated Commercial Court; non-transfer under Section 15 was procedural irregularity, not jurisdictional defect.
• Directs Commercial Appellate Division to hear Section 37 appeal afresh on merits, keeping all contentions open.
• Case involves arbitration award for wrongful contract termination and non-delivery of 60,000 MT iron ore by SAIL.