Court limited power to modify award Archives

Case Briefs Supreme Court (Constitution/Larger Benches)

Breakdown of SC’s 4:1 Verdict on Court’s limited power to modify Arbitral Awards under Sections 34 and 37 of the Arbitration and Conciliation Act

The present controversy arose because the Arbitration and Conciliation Act, 1996, does not expressly empower courts to modify or vary an arbitral award, and Section 34 of the 1996 Act only confers upon courts the power to set aside an award.

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Courts have limited power to modify arbitral awards under Sections 34 and 37 of Arbitration and Conciliation Act: Supreme Court by 4:1 majority

Section 34 of the Arbitration and Conciliation Act, 1996 provides the legal framework for challenging an arbitral award before a court, while Section 37 governs appeals against specific orders passed under the Act, including those made under Section 34.