Union of India vs BESCO Ltd. - Supreme Court
Union of India vs BESCO Ltd. - Supreme Court Important Judgment 2017 -
On 27th March, 2017, in the case of Union of India vs BESCO Ltd. [Civil Appeal No.4483 of 2017], while examining the issue as to whether the Chief Justice of a High Court or any person or institution designated by him, while exercising power under Section 11(6) of the Arbitration and Conciliation Act, 1996 is bound to nominate an arbitrator as specified in the agreement for arbitration, it was held that “though an arbitrator is specified in the agreement for arbitration, if circumstances so warrant, the Chief Justice or the designated Judge is free to appoint an independent arbitrator, having due regard to the qualification, if any, and other aspects as required under Section 11(8) of the Act.”
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