Can the Power to Set Aside an Arbitral Award Under Section 34 Also Include the Power to Modify It? Supreme Court Clarifies

In a Constitution Bench decision dated 30 April 2025, the Supreme Court of India in Gayatri Balasamy vs. ISG Novasoft Technologies Limited [Civil Appeal Nos. of 2025 (@ SLP (C) Nos. 15336–15337 of 2021)] held that the power to set aside an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, also

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