Supreme Court’s Ruling on Modification of Arbitral Awards: A Turning Point for Indian Arbitration
Introduction Arbitration is a vital tool for resolving business disputes in India. It’s faster and more private than traditional court battles, making it a favorite for companies. The Arbitration and Conciliation Act, 1996 governs this process, balancing party freedom with limited court oversight. One big question has stirred debate: can courts tweak arbitral awards, or […]