Bare ActsThe Damodar Valley Corporation Act, 1948

Section 49

Disputes between the Corporation and Governments.

Amendment status not verified — confirm the current text below against the official source.

(1) Save as otherwise expressly provided in this Act, any dispute between the Corporation and any participating Government regarding any matter covered by this Act or touching or arising out of it shall be referred to an arbitrator who shall be appointed by the Chief Justice of India. (2) The decision of the arbitrator shall be final and binding on the parties.

Section 49 – The Damodar Valley Corporation Act, 1948 | DailyLaw.ai