UNRAVELLING THE FINALITY OF ARBITRAL AWARDS: DECODING THE SUPREME COURT’S FIVE-JUDGE VERDICT IN GAYATRI BALASAMY VS. ISG NOVASOFT TECHNOLOGIES LTD.
On April 30, 2025, a five-judge Constitution Bench of the Supreme Court of India delivered a landmark judgment in Gayatri Balasamy vs. ISG Novasoft Technologies Ltd., fundamentally reshaping the contours of judicial intervention in arbitral awards under the Arbitration and Conciliation Act, 1996. In a 4:1 majority decision, authored by Chief Justice Sanjiv Khanna, the [...]