摘要: |
Though the challenge to arbitral awards under Section 34 of the Act is very limited because under 'public policy of India' court does not act as court of appeal but still even the genuine awards are being challenged in the courts. Main purpose of challenge in the Court by the Government officials is to avoid the financial responsibility. This tendency is causing huge loss to the State Exchequer which needs to be curbed. Only such awards needs to be challenged which falls within the ambit of violation of public policy. Responsibility to pursue these cases actively in the court should rest only with the officials who had actually handled these projects during execution. |