CHENNAI: The Madras high court on Friday dismissed a plea moved by the Tamil Nadu Urban Habitat Development Board (TNUHDB) to refer a dispute between it and PST Engineering Construction, accused of poor quality construction of tenements, for arbitration.
Justice N Anand Venkatesh rejected the plea in view of an archaic arbitration clause added in agreements between the government and private contractors that arbitration will be resorted to only if the value of the dispute was less than ₹50,000.
