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Corporate Law

High Court doesn’t have power to modify arbitral award

Case Law Details

Case Name
Larsen Air Conditioning And Refrigration Company Vs Union of India & Ors. (Supreme Court of India)
Date of Judgement/Order
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Larsen Air Conditioning And Refrigration Company Vs Union of India & Ors. (Supreme Court of India) Supreme Court held that the court is powerless to modify award and can only set aside partially, or wholly, an award. Accordingly, High Court has no reason to interfere with the arbitrator’s finding on interest accrued and payable. Facts- Aggrieved by the impugned judgment of the Allahabad High Court, the appellant, M/s. Larsen Air Conditioning and Refrigeration Company, has approached the Supreme Court with the question of law, as to whether the High Court erred in modifying the arbitral ...
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