Arbitration and Conciliation Act, 1996 – Sections 34 and 37 – Arbitral award – Jurisdiction to modify – Any court under Section 34 would have no jurisdiction to modify the arbitral award – Any attempt to “modify an award” under Section 34 would amount to “crossing the Lakshman Rekha” – Arbitral proceedings are per se not comparable to judicial proceedings before the Court.
SUPREME COURT OF INDIA DIVISION BENCH S.V. SAMUDRAM — Appellant Vs. STATE OF KARNATAKA AND ANOTHER — Respondent ( Before : Abhay S. Oka and Sanjay Karol, JJ. ) Civil…