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Supreme Court Ruling on Arbitral Award Modification by Govind Raj Suthar is a document available to read on EtoBox.

What is Supreme Court Ruling on Arbitral Award Modification about?

The Supreme Court case of Gayatri Balasamy vs. ISG Novasoft Technologies Limited addresses the powers of courts under the Arbitration and Conciliation Act, 1996 to modify arbitral awards. The majority opinion allows limited modification in specific circumstances, while the dissent argues that such powers undermine the finality of arbitration. The ruling clarifies that courts can only modify awards in narrowly defined situations, preserving arbitral autonomy and preventing manifest injustice.

Author

Govind Raj Suthar

Language

EN