State Of Rajasthan vs M/S Nav Bharat Construction Company on 4 October, 2005
13. It is well settled that when a case involves interpretation of a clause or some clauses of an agreement and the Arbitral Tribunal gives an interpretation which is plausible, the Court would not substitute that interpretation for its own interpretation only because the Court takes a different view or feels that the other interpretation is a better interpretation. This view is fortified by the decisions of the Supreme Court in State of Rajasthan v. Nav Bharat Construction Co., reported in (2010) 2 SCC 182 and P.R.Shah, supra.