Arbitral tribunal
This query is : Resolved
22 September 2014
Will d settlement commission fall under arbitral tribunal i.e. can d settlement commission be regarded as arbitral tribunal?
Nikhil Kaushik
(Expert)
22 September 2014
in Bij Lal v. CIT, (2010) 328 ITR 477 (SC) Supreme Court equated settlement commission with an arbitration tribunal...however, in true sense they might not have all the ingredients of being an arbitration tribunal.
refer the link below for a detailed discussion on this topic:
https://www.bcasonline.org/articles/artin.asp?1020#7
refer the link below for a detailed discussion on this topic:
https://www.bcasonline.org/articles/artin.asp?1020#7
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