Act Number: 14

Act Name: The Damodar Valley Corporation Act, 1948

Year: 1948

Enactment Date: 1948-03-27

Long Title: An Act to provide for the establishment and regulation of a Corporation for the development of the Damodar Valley in the Provinces of Bihar and West Bengal.

Ministry: Ministry of Power

Department:

Section 49: Disputes between the Corporation and Governments.
    (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.
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