SC rejects Religare Finvest's appeal seeking appointment of a new arbitrator in a dispute with Zee group of companies

The Supreme Court declined Religare Finvest's request to appoint a new arbitrator in its dispute with Zee group, supporting the Delhi High Court's extension of the current arbitrator's mandate until October 31. Religare Finvest attributed the delay in arbitration proceedings to the arbitrator's unavailability, but the HC dismissed their plea for a new appointment earlier.