Tag: National Highways Authority of India
July 23, 2020
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Solution to Multiplicity of Arbitral Tribunals
Arbitration that was once supposed to be the panacea for the woes of litigation, has now become complex and expensive due to several factors, such as ‘multiplicity’ of tribunals, awards, references and challenges arising among the same parties, contracts or series of contracts. Multiple arbitrations before different tribunals has led to the increase in “multiplicity of arbitral tribunals”. ......