DMRC verdict came in exceptional case where arbitration process was perverted: ABI President

Gourab Banerji, President of the Arbitration Bar of India, discussed the Supreme Court's decision in the Delhi Airport Metro Express Pvt Ltd v. Delhi Metro Rail Corporation Limited case, noting its exceptional nature due to the arbitral tribunal's perversion of the arbitration process. \r

Speaking at a panel discussion during London International Disputes Week, Banerji emphasized that the ruling, which set aside an arbitral award, was specific to domestic arbitration and unlikely to repeat. He clarified that the decision was not indicative of bias towards public sector enterprises. \r

The event also highlighted advancements in arbitration technology, such as TERES software for real-time transcription and document review. Discussions further explored developments in international arbitration, including India's aspiration to become a global hub, and initiatives like the India Promise to promote fair representation of Indian arbitrators globally.