New Delhi: Ministry of Highways Committee constituted to investigate all arbitral award or court order Where the settlement amount exceeds Rs 100 crore, in its bid to expedite dispute resolution and avoid the tendency to challenge such awards. The committee will also advise chewing Whether to go for conciliation/settlement or file any appeal against arbitral awards or court orders.
According to an office order, the panel headed by Highways Secretary Giridhar Armane will also look into matters where appeals are pending in various courts and advise the Highways Authority whether it should continue with these court cases or for conciliation before the Conciliation Committee. should go. Independent Experts (CCIE) set up by NHAI for settlement of claims.
The total claims raised by private contractors in disputes in highway projects undertaken by NHAI are estimated to be around Rs 1 lakh crore and the counterclaims of NHAI are around Rs 33,000 crore. Sources said that about 200 cases are pending in various high courts. Supreme court, contractual issues and in most cases these relate to claims and counterclaims.
The newly constituted panel has been constituted following the direction of the Ministry of Finance to put in place a mechanism for all ministries and government entities to avoid the tendency to challenge all arbitral awards.
According to an office order, the panel headed by Highways Secretary Giridhar Armane will also look into matters where appeals are pending in various courts and advise the Highways Authority whether it should continue with these court cases or for conciliation before the Conciliation Committee. should go. Independent Experts (CCIE) set up by NHAI for settlement of claims.
The total claims raised by private contractors in disputes in highway projects undertaken by NHAI are estimated to be around Rs 1 lakh crore and the counterclaims of NHAI are around Rs 33,000 crore. Sources said that about 200 cases are pending in various high courts. Supreme court, contractual issues and in most cases these relate to claims and counterclaims.
The newly constituted panel has been constituted following the direction of the Ministry of Finance to put in place a mechanism for all ministries and government entities to avoid the tendency to challenge all arbitral awards.
,