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Must scrap shoddy arbitration clauses, penalise drafters: SC
Postado
The Supreme Court addresses poorly drafted arbitration clauses. These clauses cause lengthy legal battles. The court says those responsible should face penalties. Judges should reject unclear clauses immediately. A dispute between Municipal Corporation of Delhi and contractors lasted a decade. The court emphasizes the need for precise and clear arbitration clauses. Ambiguity in agreements is a serious concern.
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