New twist in Singur tale, panel to soon decide on arbitration in dispute

Between 2017 and March 2019, issues of maintainability of the arbitration clause and selection of nominees dominated the high court proceedings.

A new chapter is set to unfold in the ten-year-old Tata Motors-Singur saga. 

A three-member arbitral panel will deliver its decision on whether or not to start arbitration proceedings in the dispute surrounding the acquisition of land in Singur shortly.

At the heart of the dispute is Tata Motors' claim for compensation of the losses incurred in Singur - the location of the Nano project - from which it pulled out in 2008, following a Mamata Banerjee-led agitation by locals against the acquisition of land. 

The statement of claims filed by the company has put the figure at nearly Rs