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 »
The Bombay High Court observed that an arbitral tribunal cannot apply public law principles on fairness and reasonableness. The Court held that “A writ court may well hold against a public body on a public law principle or by invoking Article 14; But an Arbitrator, constrained as he or she is by the contract, has… Read more »