Calcutta HC Rejects Reliance on ‘Vedic Mantras’, Commutes Death Sentence in Wife’s Murder Case  ||  Tripura High Court Pulls Up State Over Failure to Implement Supreme Court's Open Prison Directions  ||  Calcutta HC Upholds Life Term for Father who Raped Minor Daughter, Causing Pregnancy  ||  Karnataka HC Directs Trial Courts, Police to Furnish S.164 of CrPC Statement Copies to Accused  ||  P&H HC: Immigration Fraud by Consultancies is a Growing Menace, Denies Pre-Arrest Bail Leniency  ||  CCPA Fines Rs. 1 Lakh Penalty on United Biscuits over Misleading ‘Wholewheat’ Claims  ||  Bombay HC Permits OTT Release of Hindi Film ‘Bandar’ Subject to Appropriate Disclaimers  ||  Gujarat HC Grants Bail to Marriage Bureau Owner, Finds No Link to Alleged ‘Looteri Dulhan’ Gang  ||  Calcutta HC: Minor’s Consent has No Mitigating Effect in POCSO Sexual Assault Cases  ||  Orissa HC Commutes Death Sentence, Says Emotion Cannot Override Established Law    

Supreme Court: Section 33(1)(a) of Arbitration Act Cannot Alter Nature of Interest in Award - (29 May 2026)

ARBITRATION

Supreme Court held that Section 33(1)(a) of the Arbitration and Conciliation Act, 1996 permits only correction of clerical or computational errors and cannot be used to alter the substance of an arbitral award, including changing interest from simple to compound interest.

Tags : ARBITRATION AND CONCILIATION ACT; INTEREST; AWARD  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved