is the arbitration getting very much inefective
by waste of time
----------money
& efforts
due to tactics adopted by some vested intetrests?
ca.bhupendrashah (FCADISA) 17 October 2008
is the arbitration getting very much inefective
by waste of time
----------money
& efforts
due to tactics adopted by some vested intetrests?
Murali Krishna (Govt..Employee) 18 October 2008
Infact, it is not so. Arbitrators have powers to ward of any delay tactics. They can pass award if any party does not file its reply - Waiver.
If arbitrator fails in his duty, he can be removed -
Once award is passed, any appeal has to be filed within 120 days max (90+30).
Any kind of tactics does not make it ineffective.
ca.bhupendrashah (FCADISA) 20 October 2008
many counsels have made it a source of money making device
ca.bhupendrashah (FCADISA) 21 October 2008
reality is diferent
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