The Article 142 Blackhole: Is Gayatri Balasamy the Much Needed Push to Finally Trigger Legislative Intervention?
On 30 April 2025, a five judge constitutional bench (by a majority of 4:1) of the Supreme Court of India (“SC”) passed the much-awaited judgment in Gayatri Balasamy v. ISG Novasoft Technologies Limited (“Judgment”) on the issue of whether a court, hearing a challenge to the arbitral award, can modify the arbitral award. As discussed…