Mandate Of Arbitrator Terminated Due To Unexplained 8-Year Delay In Award Delivery: Delhi High Court

The Delhi High Court, through Justice Subramonium Prasad, has terminated the mandate of a Sole Arbitrator under Section 14 of the Arbitration and Conciliation Act, 1996, citing an unexplained delay of over eight years in rendering the arbitral award. The Court emphasized that such prolonged inaction is against the public policy of India and defeats the core objectives of speedy and cost-effective dispute resolution through arbitration. Facts of the case…