Arbitral Awards

Supreme Court Commences Hearing On Question If Courts Can Modify Arbitral Awards

A five-judge Constitution Bench of the Supreme Court on Thursday began deliberations on a critical legal question—whether courts have the authority to modify arbitral awards under the Arbitration and Conciliation Act, 1996. The bench, led by Chief Justice Sanjiv Khanna and comprising Justices B.R. Gavai, Sanjay Kumar, K.V. Viswanathan, and...