Energy management principles:
Procedure in arbitration for determining compensation:
i. The Central Government may in any particular case, nominate a person having expert knowledge as to the nature of the property acquired, to assist the Arbitrator and where such nomination is made, the person claiming compensation may also nominate an assessor for the same purpose.
ii. The Arbitrator shall fix the date, time and place for the hearing of the dispute which he is empowered to decide under the Act and shall inform the parties of such date, time and place.
iii. On the date so fixed or any other day to which the hearing may be adjourned, the Central Government or an officer duly authorized by it in this behalf and the person claiming compensation shall state what in their respective opinion is a fair amount of compensation.
iv. The Arbitrator shall afford reasonable opportunity to the parties to adduce such oral and documentary evidence as they desire to adduce and as may be relevant.
v. The Arbitrator shall, after hearing the parties, make an award determining the amount of compensation which appears to him to be just and specifying the person or persons to whom such compensation shall be paid and in making the award, he shall have regard to the circumstances of each case and the provisions of sub-section 2 of section 21 of the Act, so far as they are applicable.
vi. Where there is any dispute as to the person or persons who are entitled to the compensation, the Arbitrator shall decide such dispute and if the Arbitrator finds that more persons than one are entitled to compensation, he shall apportion the amount thereof amongst such persons according to the interest of each such persons and shall specify in the award the amount due to each.
vii. The award shall be in writing and signed by the Arbitrator and in matters where the amount or value of the claim for compensation in dispute exceeds Rs. 25,000/-, the Arbitrator shall specify the points for decision and the decision thereon together with the grounds of the decision.