India  

Enable courts to modify arbitral awards: Govt to Supreme Court

IndiaTimes Thursday, 13 February 2025
The Union government has requested the Supreme Court to allow courts to modify, rather than quash, arbitral awards in corporate disputes. This change aims to save parties from undergoing fresh arbitration and expedite dispute resolution. Solicitor General Tushar Mehta emphasized the need for minimal judicial interference along with new powers to make minor corrections to arbitral awards.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Supreme Court of the United States Supreme Court of the United States Highest court of jurisdiction in the US

RBI to SC: Have issued norms to monitor use of loan money by realtors

Amidst CBI probes into banks' collusion with builders over subvention schemes, the RBI defends its role, citing issued guidelines to monitor loan usage and..
IndiaTimes

Cash haul row: Justice Yashwant Varma left with only one option - how can he avoid impeachment?

Justice Yashwant Varma of Allahabad High Court is facing potential impeachment during the Monsoon session due to a corruption case. A fire at his residence..
IndiaTimes

Vodafone Idea vs SC dispute: Akshaya Moondra's AGR relief remark raises eyebrows; triggers debate on top court's ruling

Vodafone Idea's CEO Akshaya Moondra's claims of ongoing talks with the government for AGR relief have sparked legal criticism. Experts deem his statements..
IndiaTimes

SC: Cop pulling in-laws into cruelty case unfortunate

The Supreme Court, concerned about the misuse of Section 498A IPC, has dismissed a 23-year-old dowry harassment case filed by a Delhi Police sub-inspector..
IndiaTimes

Man died playing with gun in 2010, finds SC, acquits friend

A tragic accident led to a decade-long legal battle for Vaibhav, wrongly convicted of murdering his friend Mangesh. The Supreme Court overturned the conviction,..
IndiaTimes