Amendment status not verified — confirm the current text below against the official source.
Finality of award.— Notwithstanding anything to the contrary contained in any law relating to arbitration but subject to Section 19, an award including an ‘interim’ award, made by the Tribunal under this Act, shall be final and binding on the parties thereto. 1[17-A. Inherent powers.— Nothing in this Act shall be deemed to limit or otherwise affect the inherent powers of the Tribunal to make such order as may be necessary for the ends of justice or to prevent abuse of the process of the Tribunal : Provided that no interim order by way of injunction, stay or attachment before award shall be granted : Provided further that the Tribunal shall have no power to review the award including the interim award. 17-B Correction of clerical or arithmetical mistakes. — Clerical or arithmetical mistakes in awards, interim awards or orders or errors arising therein from any accidental slip or omission may at any time be corrected by the Tribunal either of its own motion or on the application of any of the parties.]