SC: Public Sector Undertakings Can’t Appoint Arbitrators Unilaterally - 11.11.2024

SC has held that Public Sector Undertakings cannot, unilaterally appoint arbitrators for deciding disputes with private contractors. It was further held that a panel of capable arbitrators can be maintained by PSUs but the opposite party cannot be forced to select its arbitrator from the panel.

Tags : Supreme Court Private Contractors Public Sector Undertakings

Share :