NEW DELHI: The Government today put in place a new mechanism to settle commercial disputes between Government departments and Public Sector Undertakings where the Cabinet Secretary will have the last word, and barred them from approaching courts to settle such matters.
However, disputes concerning the Railways, Income Tax, Customs and Excise departments have been kept out of ambit of the new mechanism.
“The Union Cabinet approved the strengthening of the mechanism for resolution of commercial disputes of central public sector enterprises inter se and also between CPSEs and other Government departments/organizations. The decision will put in place an institutionalised mechanism within the Government for speedy resolution of commercial disputes of CPSEs without the matter being referred to the courts of law,” an official statement said here. (AGENCIES)
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