Enable courts to modify arbitral awards: Govt to Supreme Court
NEW DELHI: Momentum for expeditious adjudication of high-stakes corporate disputes through arbitration notwithstanding, the Union govt on Thursday requested a five-judge bench of the Supreme Court to enable courts to modify arbitral awards, instead of exercising its existing power to quash them, to save parties from undergoing fresh arbitration process.Solicitor general Tushar Mehta told a … Read more