- Zoeb Cutlerywala - 03-05-2025
In a landmark five-judge ruling in Gayatri Balasamy v. ISG Novasoft, the Supreme Court has, for the first time, recognized a limited power of courts to modify arbitral awards under Section 34 of the Arbitration Act. This bold departure from earlier precedent promises practical relief but also raises tough questions about finality, party autonomy, and legislative overreach. Read the article " Supreme Court’s Five-Judge Verdict on Modification of Arbitral Awards: A Welcome Evolution or Judicial Overreach?" authored by Zoeb Cutlerywala (Partner). This article critically analyzes the judgment’s legal rationale, practical implications, and potential risks to party autonomy and international enforceability.
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