A Study Of Delay In Arbitration Proceedings Due To Disputes Raised In Courts Related To Construction Claims
According to a Construction Industry Development Council (CIDC) Survey, Rs.1,35,000 crores remains blocked in the construction sector over disputes. This is huge amount which if released back in the economy will have a very high impact on the financial requirement of the construction sector. The general prevalent and popular mode of Alternate dispute resolution methods is arbitration. Since Arbitration is