💨 Abstract

The Supreme Court of India has ruled, by a majority of 4:1, that courts can modify arbitral awards under the Arbitration and Conciliation Act of 1996, under certain circumstances. However, Justice K V Viswanathan dissented, stating that courts have no power to modify arbitral awards. He argues that such power would breach the core aspects of the Act and derogate from the ethos of the arbitration process.

Courtesy: theprint.in

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