The Indian Supreme Court has appointed former Supreme Court judge V. Ramasubramanian as the sole arbitrator in a dispute between South Eastern Railways (SER) and Rashmi Metaliks. The court has set aside an arbitral tribunal's award that directed SER to pay Rs 1300 crore to the private firm. The court has also ordered both parties to seek a recall of any witness and appear before the arbitrator on February 15.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.