In a landmark Constitution Bench judgment delivered on 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 courts exercising jurisdiction under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996, possess a
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