Deadline Extension or Termination? Unpacking the Complexities of Arbitral Mandates Before And After Rohan Builders
Arbitration is known for its speedy resolution of disputes. Originally, no timeline was provided in the Arbitration Act within which an arbitral tribunal had to pass an award. However, courts decided on a case-to-case basis whether inordinate delays in passing the award caused prejudice to the parties. If it was found that the delay was excessive and not satisfactorily explained […]
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