“18. Shri Divan is right in drawing our attention to the
fact that the 246th Law Commission Report brought in
amendments to the Act narrowing the grounds of challenge
coterminous with seeing that independent, impartial and
neutral arbitrators are appointed and that, therefore, we
must be careful in preserving such independence,
impartiality and neutrality of arbitrators. In fact, the same
Law Commission Report has amended Sections 28 and 34
so as to narrow grounds of challenge available under the
Act. The judgment in ONGC Ltd. v. Saw Pipes Ltd.[ONGC
Ltd. v. Saw Pipes Ltd., (2003) 5 SCC 705] has been
expressly done away with.