ISSUE 3 - MARCH 26/2026 - JUNE 26/2026

CASE COMMENT: GAYATRI BALASWAMY V. ISG NOVASOFT TECHNOLOGIES LTD.

AUTHOR’S NAME – Shalvi, B.A.LL.B, Fifth Year.

INSTITUTION NAME – Banasthali Vidyapith, Vanasthali Road, Newai, Rajasthan.

Received on 4 February 2026, Accepted on 28 March 2026, Published on 6 April 2026

 

Citation

2024 SCC Online SC 1681

 

Court

 

Supreme Court of India

 

Bench

 

CJI Sanjiv Khanna, Justice B.R. Gavai, Justice P.V. Sanjay Kumar, Justice K.V. Viswanathan, Justice Augustine George Masih

 

Parties

 

Appellant – Gayatri Balasamy, Former Vice President (M &A Integration Strategy) at ISG Novasoft Technology Ltd.

Respondent- ISG Novasoft Technology Ltd.

 

 

INTRODUCTION:

This is a landmark case of the Supreme Court of India dealing with the scope of Judicial power to modify arbitral awards under the Arbitration and Conciliation Act, 1996[1]. Our Arbitration Law is based on the principles of minimal judicial intervention, party autonomy, and finality of the arbitral awards. When courts are confronted with arbitral awards that are largely valid but suffer from limited defects requiring modifications, the viewpoints of Courts divided into two different standings, where some decisions strictly denied arbitral modification power to rest with the general courts, while other decisions permitted limited alteration in the interest of justice. Here, confusion and uncertainty arose, and therefore, the Supreme Court constituted a Constitutional bench to settle the law over this matter and provide a balance between arbitral autonomy and judicial oversight.

[1] The Arbitration and Conciliation Act, No. 26 of 1996, § 34,  Act of Parliament 1996 (India).

( Volume 4 Issue 3 – 2026 )( Publication Date 06 /April/ 2026 )

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SIMULTANEOUS ELECTION IN INDIA: ONE NATION- ONE ELECTION

AUTHOR’S NAME – Tanya Sahu, B.A.LL. B, Fifth Year.

INSTITUTION NAME – Banasthali Vidyapith, Newai, Tonk, Rajasthan.

 

Received on 15 February 2026, Accepted on 28 March 2026, Published on 6 April 2026 

INTRODUCTION:

From ancient times to the contemporary era, we have seen a lot of variations in single systems, and we welcome each and every change to welcome our new self. We are all aware that every system has various paths to achieve it. It changes according to the time we live in. Change according to time is a way of modernizing yourself. This applies to India as well, where we are coping with all our problems with modern solutions, and so we are here with this new aspect, which may shape our country’s economy, people’s lifestyle, policy making, and whatnot. Yes, the system of One Nation, One Election, is not very new to us, actually. But first, let’s know what exactly this phrase means. Recently, on 26th November 2020, our presiding officers proposed the idea of the One Nation, One Election, along with that, our Chief Justice of India also gave an acceptance to the former in December 2020. This has widened in such a manner, the BJP has also started Webinars, to aware the public on this system.

 

( Volume 4 Issue 3 – 2026 )( Publication Date 06 /April/ 2026 )

 ( Download Full PDF )