Any attempt To Modify Award Under Section 34 is not permissible: J&K High Court

The Jammu and Kashmir High Court addressed the issue of arbitrators' power to modify awards. The case involved an attempt to challenge an arbitral award on the grounds that the arbitrators had exceeded their authority by altering the terms of the original award. The court emphasized that modifications to arbitral awards must strictly adhere to the framework established by the arbitration agreement and applicable laws. It reaffirmed the principle that arbitral awards are binding and can only be modified under specific circumstances outlined by the Arbitration and Conciliation Act, 1996. This reinforces the importance of adherence to procedural and substantive rules governing arbitration in resolving disputes.