Need stronger arbitral institutions for infrastructure sector: Supreme Court judge

Key Highlights

• He said the rapid growth of India’s infrastructure, including power, roads, metro, ports and dams, has naturally increased disputes.
• “Activity is increasing, so a percentage of disputes will go up — some genuine, some creative.
• We should solve them at each stage, instead of taking the entire dispute to the end and stalling the project,” Justice Bindal said.
• He endorsed institutional arbitration in construction disputes to combat its current issues of inflated costs and delayed proceedings by ensuring the availability of technical experts, proper record-keeping, and structured case management.
• He also stressed contract drafting as a key area for reducing disputes.