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. However, under certain circumstances set out in section 37 of the Act of 1996, appeal from the arbitral order is provided such as an order by the arbitral tribunal granting or refusing to grant an interim measure under section 17 of the Act. Some orders passed by the court are also appealable such as those which are made by a court on an application by a party to a dispute, granting or refusing to grant interim measures as being compatible with an arbitration agreement under section 9 of the Act, and setting aside or refusing to set aside an arbitral award under section 34 of the Act.

 

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.