Finance Ministry Caps Arbitration Value at ₹10 Crore for Government Contracts
Finance Ministry Caps Arbitration Value at ₹10 Crore The Finance Ministry has recently announced a significant change in the arbitration framework for government contracts. The new directive caps the value of arbitrations at ₹10 crore. This move aims to streamline dispute resolution processes and enhance efficiency in handling government-related arbitrations. The decision is part of…