Mere Delay In Passing The Award By Itself Cannot Be The Ground To Appoint Another Arbitrator: SC [Read Judgment]

The Supreme Court has observed that mere neglect of an arbitrator to act or delay in passing the award by itself cannot be the ground to appoint another arbitrator in deviation from the terms agreed to by the parties. The bench comprising of Justice R. Banumathi and Justice Indira Banerjee held thus while considering appeal against Rajasthan High Court order appointing a retired...