Prelims – Current events of national and international importance.
Mains – General Studies- II (Structure, organization and functioning of the Executive and the Judiciary)
Why in news?
Recently, in a 4:1 majority ruling, a five-judge Bench of Supreme Court held that the Appellate Courts may exercise limited powers to modify arbitral awards under certain specific circumstances.
Supreme Court Judgment (2025)
Significance of Arbitral Awards
Reference