“The question of law is answered to say that the court has limited power to modify arbitral awards under Sections 34 & 37 of the Arbitration and Conciliation Act, 1996,” the CJI Khanna, who wrote for himself and three other judges, said.
Justice K V Viswanathan, however, dissented and held courts couldn’t alter the arbitral awards.
The court had on February 19 reserved its judgement on the contentions issue. PTI SJK SJK AMK AMK