
Court-appointed arbitrators should be regulated to avoid tactics of money-minting
It is quite usual that retired judges of Supreme Court and High Courts are appointed arbitrators by courts, giving them much-much more income than they earn while their being judges in higher courts. There are reports that these arbitrators charge exorbitantly for each hearing. Even if all the concerned parties mutually agree for adjournment much before date of hearing, arbitrators insist on sending representation for adjournment on fixed date of hearing so that they may forcibly charge for a hearing held just for seeking adjournment. It has also been reported that after completion of hearing, arbitrators withhold their arbitration-award even for years. Any party approaching for an early arbitration-award, has to pay additional cost for doing so.
If these practices are true, then it is ...