Bombay HC: Insolvency Cannot be Used to Evade a Family Court’s Maintenance Order  ||  Kerala HC: Forklifts and Factory Cranes Are Motor Vehicles and Must be Registered under MV Act  ||  Guj HC: Edible Crude Palm Kernel Oil Qualifies for Duty Exemption; End-Use Condition not Applicable  ||  NCLAT Delhi: Advance under Land-Development MoU is not Financial Debt and Cannot Trigger CIRP  ||  NCLAT: NCLT Cannot Change Capital Structure of a Legally Compliant Successful Auction Purchaser  ||  Supreme Court: Endless Investigation and Long Delay in Filing Chargesheet Can Justify Quashing Case  ||  SC: Landowners Accepting Compensation Settlements Cannot Later Claim Statutory Benefits  ||  Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act  ||  Supreme Court: Indian Courts Cannot Appoint Arbitrators for Arbitrations Seated Outside India  ||  Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report    

SC: Even if Arbitral Tribunal Becomes Functus Officio, Clarification on Award Can be Issued - (19 Dec 2024)

ARBITRATION

Supreme Court has observed that even if after passing an award the Arbitral Tribunal becomes functus officio, it would still have the jurisdiction of clarifying and correcting errors in the award under Section 33 of the Arbitration and Conciliation Act, 1996.

Tags : SUPREME COURT   ARBITRAL TRIBUNAL   FUNCTUS OFFICIO  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved