The Supreme Court of India has ruled that the power of an arbitral tribunal or a court to correct computational, clerical, or typographical errors in an arbitral award under Section 33(1)(a) of the Arbitration and Conciliation Act, 1996 cannot be used to make substantive modifications to the award, such as substituting simple interest with compound
Power to Correct Clerical Errors in Arbitral Awards Cannot Be Used to Substantially Modify Them by Substituting Simple Interest with Compound Interest: Supreme Court
