Gayatri Balasamy vs M/S Isg Novasoft Technologies Limited on 19 October, 2023
Even otherwise, in a recent judgment of the
Hon'ble Supreme Court pronounced in the case titled and reported as Gayatri
Baleswamy v. ISG Novasoft Technologies Ltd., (2025) INSC 605, it has been
held that a Court under Section 34 of the Arbitration and Conciliation Act does
have an authority to modify an award, particularly when such a denial would
OMP (Comm) No. 82/23 M/S S.M. Enterprises & Anr. Vs. Modi Mundi Pharma Beauty Products Pvt. Ltd. Page 42 of 43
ANU Digitally signed
by ANU GROVER
GROVER BALIGA
Date: 2025.08.08
BALIGA 12:15:45 +0530
impose significant hardships, escalate costs, and lead to unnecessary delays and
would defeat the raison d'etre of arbitration. It has also been categorically held by
the Hon'ble Supreme Court that judicial intervention is legitimate and necessary
when it furthers the ends of justice, including the resolution of disputes.