Power of Court under S. 34 to “set aside” award, held, does not include power to modify such an award. Given limited scope of judicial interference with award under S. 34 on extremely limited grounds not dealing with merits of an award, “limited remedy” under S. 34, held, is coterminous with “limited right”, namely, either to set aside an award or remand matter under circumstances mentioned in S. 34. Scheme of S. 34 of the A&C Act, 1996 distinguished from scheme prevailing under the Arbitration Act, 1940. Under Scheme of old1940Act, an award could be remitted, modifiedor otherwise set asidebgiven groundscontained in S.30 of the Arbitration Act, 1940 which are broader than grounds contained in S. 34 of the A&C Act 1996. Lastly held, S. 34 jurisdiction cannot be assimilated with revisional jurisdiction under S. 115 CPC.
[NHAI v. M. Hakeem, (2021) 9 SCC 1]