finding that the Alternate Mechanism
for Resolution of Commercial Disputes ('AMRCD' in short)
provided in the office memorandum in respect of public
sector ... difference shall be
taken up by either party for its resolution through
AMRCD.
..........................................
6. Arbitration Clause
(i) The CPSEs will ensure inclusion of a clause
finding that
the Alternate Mechanism for Resolution of Commercial Disputes
('AMRCD' in short) provided in the office memorandum in respect of
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public ... difference shall be taken up by either party for its
resolution through AMRCD.
..........................................
6. Arbitration Clause
(i) The CPSEs will ensure inclusion of a clause
disputes between the two public sector
enterprises could be settled through AMRCD. If
any settlement is brought about through such an
attempt, it will ... three
parties i.e. MTNL, Canara Bank, and Canfina, to
approach AMRCD for settlement of their disputes.
If, however, the disputes are not settled
CANFINA to join applicant i.e., MTNL
in referring the matter to AMRCD in terms of direction
dated 17.10.2019 to ensure the true spirit ... date of making a joint
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application by the parties before the AMRCD in view of
the failure of the respondents i.e., Canara Bank
Memorandum
dated 22.05.2018 is the Administrative Mechanism for
Resolution of CPSEs Disputes (AMRCD) wherein a similar
consideration as was being made by PMA will
dispute, which occasioned amongst the parties, ought to
have been referred to AMRCD.
According to him, the respondents made up their mind to issue ... Central Public Sector Enterprises/Port Trust
needs to be resolved through AMRCD and the same applies to on going contracts also.
Furthermore, the issue pertaining
referred, first to Administrative Mechanism for Resolution of
CPSEs Disputes (AMRCD), and only in event of non-settlement,
to Arbitral Tribunal
Reason:
through the administrative mechanism for resolution of CPSEs
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disputes (AMRCD). However, it is stated that the policy applies to
non-revenue matters
