Supreme Court of India
Gyan Prakash Arya v. M/s Titan Industries Limited
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
What the Court ordered
In view of the above and for the reasons stated above, t he present appeal is allowed.
Judgment, page 7
From the headnote
Arbitration and Conciliation Act, 1996 – s.33 – Modification of award – Scope and ambit – Original award passed consid ering the claim made by the claimant as per its original claim and a s per the statement of the claim made – Subsequent applic ation u/s.33 for modification of original award – Maintainabilit y of – Held: Only in a case of arithmetical and/or clerical error, the a ward can be modified and such errors only can be corrected – In the i nstant case, what was claimed by the original claimant in the stat ement of claim was awarded – Therefore, order by the arbitr ator in
Where later benches applied it
Of those, 1 referred to
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