Latest Arbitration Tribunal News & Updates

New Delhi, May 8 (IANS) The National Highways Authority of India (NHAI) has won an arbitration matter related to the six-laning of the Kamrej–Chalthan section of NH-48 in Gujarat, leading to substantial savings of public funds.Against claims of around Rs. 174.49 crore raised by the contractor, the Arbitral Tribunal awarded only Rs 54 lakh to settle the case, underscoring the importance of digital project monitoring, robust documentation and evidence-based contract management by the NHAI, accor…