Supreme Court explains scope of interference with arbitral awards under Sections 34 and 37 of the 1996 Act

The Supreme Court clarified the limits of judicial intervention in arbitral awards under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996. While reaffirming that arbitral awards must ordinarily be respected, the Court stressed that tribunals cannot rewrite contractual terms, disregard explicit clauses such as “No Waiver” and “No Oral Modification,” or base findings on mistaken facts

Category: Jurisprudence   Posted on: September 30, 2025