https://www.taxtmi.com/caselaws?id=461901 The Supreme Court noted recurring conflict on whether Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 permit modification of an arbitral award, whether any such power is limited to severable parts, and whether setting aside includes modification. It found that authoritative clarification was required and referred the questions to a larger Bench. No final ruling was rendered on the substantive legal issues, which remain open for determination. The order was procedural, while also disposing of the interlocutory request and extending time for compliance. en-us Tue, 20 Feb 2024 00:00:00 +0530 Wed, 07 May 2025 18:58:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461901 The Supreme Court noted recurring conflict on whether Sections 34 and 37 of the Arbitration and Conciliation Act, 1996 permit modification of an arbitral award, whether any such power is limited to severable parts, and whether setting aside includes modification. It found that authoritative clarification was required and referred the questions to a larger Bench. No final ruling was rendered on the substantive legal issues, which remain open for determination. The order was procedural, while also disposing of the interlocutory request and extending time for compliance. Case-Laws Indian Laws Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461901