Supreme Court Affirms Limits on Arbitral Tribunals: Contracts Must Be Interpreted as Written Shreeram Builders v. Upendra Kantilal Thanawala and others, Civil Appeal Nos. 9817 and 9818 of 2024, 2026 INSC 1176, decided on 29 October 2026. The Supreme Court has reiterated that an arbitral tribunal must decide a dispute in accordance with the terms of the contract and cannot rewrite the parties’ bargain or grant relief contrary to it. A Bench of Justice Sanjay Kumar and Justice