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Showing posts with label Corporate laws - arbitration. Show all posts
Showing posts with label Corporate laws - arbitration. Show all posts
Thursday, September 14, 2017

Corporate laws - arbitration - Objection as to appointment of arbitrator not raised earlier - after participation - objection not tenable =no bar under the new Act, for an arbitration agreement providing for an employee of a Government/statutory cor- poration/public sector undertaking (which is a party to the contract), acting as an arbitrator.The fact that the named arbitrator happens to be an employee of one of the parties to the Arbitration Agreement has not by itself, before the Amendment Act came into force, rendered such appointment invalid and unenforceable. In the circumstances, the High Court was clearly in error in exercising jurisdiction in the present case and it ought not to have interfered with the process and progress of arbitration. We therefore accept the challenge raised by the Appellant and reject that raised by the Respondent.

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1 REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NOS. 12627-12628 OF 2017@ (SPECIAL LEAVE PETITION (CIV...
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advocatemmmohan
since 1985 practicing as advocate in both civil & criminal laws. This blog is only for information but not for legal opinions
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