As per the case facts an arbitrator had awarded a certain amount of interest in a dispute However lower courts reduced this interest rate without providing a clear legal reason ... The appeal to the Supreme Court was to determine if this reduction was justified under the relevant arbitration laws The question arose whether a lower court was justified in reducing the interest rate awarded by an arbitrator without proper legal grounds given the provisions of the arbitration law Finally the Supreme Court overturned the lower court's decision and restored the original arbitration award including the higher interest rate The Court stated that the reduction of interest by the lower courts lacked a legal basis and did not follow the guidelines of the arbitration act The Court emphasized that the purpose of such laws is to encourage prompt payment of awarded sums To ensure fairness the Court ordered the original interest rate to be paid from the award date until the payment is made and directed the State to pay the amount quickly

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