As per the case facts a business association between two shareholders in an investment company turned sour The dispute arose after one shareholder claimed his signatures on a placement instruction ... for selling shares were forged leading to a police complaint An arbitration award was later issued which was set aside by both a Single Judge and a Division Bench of the High Court The appeal was filed against their decision to set aside the award The question arose whether the arbitrator's award was inconsistent with the fundamental policy of Indian law justifying the interference by the High Court Finally the Supreme Court found no fault with the High Court's judgments and dismissed the appeal with costs upholding the decision to set aside the award

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