The Supreme Court of India has delivered significant judgments in 2025, impacting arbitration law and practice. Here are the key takeaways:
– Modification of Arbitral Awards: Limited court powers to modify awards, including post-award interest (Gayatri Balasamy v. M/s ISG Novasoft Technologies).
– Unilateral Appointment of Arbitrators: Division bench of Delhi High Court upholds award passed by unilaterally appointed arbitrator, citing written waiver (Bhadra International India v. Airports Authority of India).
– MSMED Act: MSMED Act overrides the Arbitration Act in disputes involving MSMEs (Idemia Syscom India v. M/s Conjoinix Total Solutions).
Impact on Arbitration:
– Increased clarity on modification of arbitral awards
– Importance of written waivers in arbitration agreements
– Special consideration for MSMEs in arbitration disputes
Understand the implications of these judgments on your business and arbitration agreements.
