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!

'Need to be careful': Canadian PM Mark Carney on Nijjar case; meets PM Modi at G7

During the G7 Summit, Canadian PM Mark Carney addressed the Hardeep Singh Nijjar case,...

By 0 4

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

By 0 9

Sebi bans 'expert' for illegal stock gains

By 0 10

Top stocks to buy today: Stock recommendations for June 18, 2025 - check list

Stock market recommendations: Anand Rathi Shares and Stock Brokers' Mehul Kothari recommends...

By 0 10

HC commutes rapist-killer's death penalty to 50-year term

By 0 18