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SC reserves verdict on ineligible arbitrator's ability to nominate another

Business Standard LogoBusiness Standard1d ago

SC reserves verdict on ineligible arbitrator's ability to nominate another - Business Standard

Quick Summary:

Before the arguments concluded, Solicitor General Tushar Mehta told a five-judge constitution bench headed by Chief Justice D Y Chandrachud that the focus should be on ensuring that arbitration as a mechanism to resolve disputes was strengthened.

During the arguments on Friday, the bench heard the submissions of several lawyers including senior advocates Mahesh Jethmalani, N K Kaul and Gourab Banerji.

The Supreme Court on Friday reserved its verdict on the vexed legal question of whether a person ineligible to become an arbitrator can nominate another as one.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 17:22:45 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22307533

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