Delhi HC Directs Customs To Release Azerbaijan National's 'Personal' Gold Jewellery, Restrains Her From Selling It In India

The Supreme Court of India clarified that even after an arbitral tribunal has become functus officio (i.e., its authority has ended), it can still issue clarifications or corrections to its award under Section 33 of the Arbitration Act. The Court held that such corrections or clarifications are permissible if they are necessary for resolving any ambiguity or to rectify any clerical or computational errors. This judgment ensures that arbitral awards remain accurate and complete, even after the tribunal’s mandate has formally concluded, facilitating the correction of awards post-closure.