Articles 29th Apr 2024
The tumultuous 12-year saga in the Delhi Airport Metro case reached its climactic end this month. The Supreme Court used its curative powers to reverse its earlier decision and set aside an INR 8000 crore arbitral award. The decision, in favour of the government that had initially lost before the arbitral tribunal, raises concerns.
An arbitral award may have to go through an obstacle course of challenges before Indian courts and be subjected to robust legal scrutiny. We examine these concerns and raise questions for the future.
Against this backdrop, Economic Laws Practice (ELP)’s Partner Naresh Thacker & Senior Associate Ashna Contractor have co-authored an article “Supreme Court’s curative petition relief for Delhi Metro: An obstacle course for arbitral awards” published on ETGovernment.
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