Efficiency of arbitral proceedings would diminish if courts allowed to interfere with it: SC
SECTIONS
Last Updated: Jan 06, 2021, 09:12 PM IST
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Synopsis
The observations were made by a bench headed by Justice N V Ramana on an appeal filed by one Gujarat-based firm Bhaven Constructions against a High Court order of 2012.
NEW DELHI: If courts are allowed to interfere with the arbitral process beyond the ambit of the law then the efficiency of such proceedings will be diminished, the Supreme Court said on Wednesday. The top court said the high courts should exercise its extraordinary writ power under Article 227 of the Constitution in exceptional rarity where one of the litigants is left remediless in disputes governed by the arbitration law.