Naresh Vasisht – Expert Arbitrator & Contract Management Consultant
With over 12 years of experience in Arbitration and a distinguished 35-year career in HP PWD culminating as Chief Engineer, I bring in-depth expertise in contract management, dispute resolution, and arbitration for civil works.
Professional Credentials
- Empanelled Arbitrator with:
- Punjab & Haryana High Court
- Indian Council of Arbitration (ICA)
- Indian Road Congress (IRC)
- Institution of Engineers (India)
- Decided 183 arbitration cases during my service period and more than 20 cases after retirement, taking the total tally to over 200 cases as a Sole Arbitrator
- Specialized in contract risk mitigation, claims management, and dispute resolution
My Approach
My arbitration approach is holistic, emphasizing amicable settlement of disputes through conciliation whenever possible. Many of my arbitration cases have been settled through conciliation and award issued under Section 30 of the Arbitration and Conciliation Act, aligning with the true spirit of Alternative Dispute Resolution (ADR). By encouraging parties to negotiate fair settlements, I help end meaningless litigation and create win-win solutions for all stakeholders. The major advantage of my approach regarding conciliation is that the matter rests there rather than opening the doors to a never-ending battle.
My Mission
On one hand, I assist contractors, construction firms, and infrastructure companies in managing contracts effectively, preventing disputes, and strategically handling arbitration cases. On the other hand, I support engineering departments by leveraging my in-depth experience in framing agreements and resolving disputes through conciliation.
A fundamental understanding of various professions is crucial in today’s dynamic environment. The prevailing mindset must evolve, as misinterpretations often escalate into disputes that are hastily referred to arbitration. I strongly advocate that engineers acquire a working knowledge of law and thoroughly familiarize themselves with contract documents. This proactive approach ensures fairness—protecting both the executing agency from undue disadvantages and the employer from unwarranted financial claims. My goal is to uphold contractual integrity, minimize risks, and facilitate fair resolutions in disputes.
How Can I Help You?
- ✅ Contract Review & Risk Mitigation – Helping contractors avoid costly mistakes
- ✅ Claim Management & Dispute Resolution – Providing expert guidance on contract claims
- ✅ Pre-Arbitration Advisory & Strategy – Preparing contractors for arbitration proceedings
- ✅ Training & Workshops – Educating teams on contract compliance and dispute prevention
- ✅With my vast experience in both government and arbitration, I offer practical, industry-specific solutions to ensure smoother project execution and legal protection.