Courts can modify arbitral awards: SC | Dununu.com : Circle of Life...

Dununu.com Dununu

Sponsor

Courts can modify arbitral awards: SC

RSS Feed National

Posted

115

In a landmark judgment, the Supreme Court has ruled that courts possess the authority to modify arbitral awards by severing invalid portions to uphold the valid parts, preventing complete annulment. This decision aims to reduce protracted litigation, allowing courts to correct errors and adjust interest rates. However, Justice Viswanathan dissented, arguing against judicial modification of awards.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

US Senate targets elite universities with 8% endowment tax; Harvard could lose $200 million annually

By 0 1

Visit visa issue not targeted at any party or leader: Manish Jha

KATHMANDU: The Rastriya Swatantra Party (RSP) has clarified that its campaign against visit...

By 0 1

Akshay says H'wood superheroes are inspired by Indian mythology

Akshay Kumar suggests Hollywood's superhero narratives are rooted in Indian mythology, a...

By 0 4

India’s GDP growth to exceed 6.5% in FY26, says Icra; rural demand and tax relief seen driving momentum

ICRA projects India's real GDP growth to exceed 6.5% in FY2025-26, with real GVA growth...

By 0 9

Trump vs Tulsi Gabbard on Iran: Insiders think President does not dislike DNI as a person but may fire her

By 0 14