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In Gayatri Balasamy v. ISG Novasoft, the Supreme Court clarified that courts can modify arbitral awards in specific situations. These include removing invalid parts, correcting clerical errors, fixing interest miscalculations, or using Article 142 for complete justice. The ruling preserves arbitration’s speed and finality while giving courts limited power to prevent unfair outcomes.
short by / 12:17 pm on 10 Oct
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