Can Supreme Court Modify An Award In A Plea Under Section 34 Of Arbitration, Conciliation Act, 1996?: ELP

Can Supreme Court Modify An Award In A Plea Under Section 34 Of Arbitration, Conciliation Act, 1996?: ELP

ELP

The Supreme Court stands in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

The Legal Library section collates quality and in-depth reports on regulatory developments, court rulings and policy changes authored by India’s top law firms and consultants. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of law and policy.

ELP Report

In 2009, under the aegis of National Highways Act, 1956 various notifications were issued by the central government to facilitate speedy land acquisition for construction of national highways.

The National Highways Act and the notifications inter alia provided that -

  1. the compensation payable to the landowner for the acquired land would be computed by the ‘competent authority’;

  2. if the amount determined by the competent authority was not acceptable to either the National Highways Authority of India or the landowner, upon an application by either party, the compensation would be determined by an arbitrator appointed by the Central Government; and

  3. subject to the provisions of the National Highways Act, the provisions of the Arbitration Act would apply to such arbitrations.

Click on the attachment to read the full report:

ELP Arbitration Update.pdf
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