Appeals

There is no appeal from the verdict of the arbitral tribunal as the purpose of commercial arbitration is speed, certainty and recourse to a cheaper remedy. As the parties choose their arbitrators, they cannot object to the decision either upon law or facts. The arbitrators are not required to give any arithmetic computation or write a detailed judgment. Generally, the arbitral tribunal is the final authority to adjudicate upon the disputes raised before it.

No second appeal lies from an order passed in appeal. However, the right to invoke the extraordinary jurisdiction of the Supreme Court of India under Article 136 of the Constitution of lndia is not affected. Article 136 is an omnibus article empowering the Supreme Court to prevent injustice by any court of authority in India including the arbitral tribunal armed; with exclusionary clauses, The powers under the said article are in the nature of special residuary powers which are exercisable outside the purview of ordinary law, in cases where the needs of justice demand interference by the Supreme Court.