Arbitral tribunal of three retired Supreme Court judges awards ₹155 crores in favour of Bengal Unitech

The tribunal comprising three retired Supreme Court Judges, Justices BP Singh, AK Patnaik and Gyan Sudha Misra awarded a refund of ₹84 crore which was deposited with the respondent for a development project.
Justices BP Singh, AK Patnaik and Gyan Sudha Misra
Justices BP Singh, AK Patnaik and Gyan Sudha Misra

An arbitration tribunal awarded Bengal Unitech (claimant) a refund of ₹84 crores along with interest in proceedings against the Siliguri Jalpaiguri Development Authority, a statutory body [Bengal Unitech Universal Siliguri Projects Ltd. v. Siliguri Jalpaiguri Development Authority].

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