In recent times, several noteworthy judgments have been rendered
by the Indian courts in matters relating to the law of arbitration
in India. Some decisions rendered in the third quarter of 2021 that
discuss the legal position concerning the interpretation and
applicability of provisions of the Arbitration and Conciliation
Act, 1996 been summarised below:
1. The Project Director, NHAI v. M. Hakeem and
Anr.
Hon'ble Supreme Court
Citation: 2021 SCC OnLine SC 473
Decision dated: 20 July 2021
Courts are not empowered to modify an arbitral award
under Section 34 of the Arbitration and Conciliation Act,
1996.
Brief Facts: Under the National Highways Act of
1956 (National Highways Act), the competent
authority (Authority) determines the amount of
compensation for the land acquired for constructing highways. If
the parties are not satisfied with the compensation, they are
allowed to file an application to refer the matter to an arbitrator
who is appointed by the
