In Brief
These consolidated appeals concern disputes requiring arbitration under the Arbitration and Conciliation Act, 1996. The Court found that serious doubts existed regarding the independence and impartiality of previously appointed arbitrators, or that such tribunals had failed to function properly or pass awards without explanation. The Supreme Court directed that fresh arbitrators be appointed within one month as per the arbitration agreement clauses, with claimants to file statements of claim within four weeks thereafter. The Court emphasized that the new arbitrator must decide expeditiously without being inhibited by prior observations, ensuring fair opportunity to all parties.
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