Arbitration has become a well-sought-after dispute resolution mechanism due to its expedience, and finality. However, arbitration has not always been synonymous with speedy resolution.... Read more »
In Banshidhar Construction Pvt. Ltd. vs. Bharat Coking Coal Ltd., 2024 INSC 757, the Hon’ble Supreme Court ruled that the rejection of the appellant’s bid for failing to submit a Power of Attorney, while allowing another bidder to rectify a similar deficiency and awarding the contract to them, was arbitrary and violative of Article 14… Read more »