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HC declines to appoint arbitrator in disputes with prior arbitration claims

Business Standard LogoBusiness Standard14h ago

HC declines to appoint arbitrator in disputes with prior arbitration claims - Business Standard

Quick Summary:

In another round of proceedings, the Delhi High Court partially enforced the award, limiting it to the counterclaims granted in NHPC’s favour.

The Delhi High Court’s ruling highlighted the need for greater clarity on whether disputes, once adjudicated and set aside under Section 34, can be re-referred to arbitration, and under what circumstances, if any, such a course of action would align with the law.

The court held that this approach would undermine the sanctity of the arbitration process, as the re-adjudication of disputes, as proposed, was neither permissible under the Arbitration and Conciliation Act nor supported by legal principles.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 20:48:34 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25221325

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 242 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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