Friday, December 4, 2009

Arbitration and Conciliation Act, 1996

Arbitration and Conciliation Act, 1996—Section 15(2)—Substitute arbitrator—Appointment of—Held, section 15(2), which regulates appointment of a substitute arbitrator, requires that such an appointment shall be made according to the rules which were applicable to the appointment of an original arbitrator—The term ‘rules’ used in this sub-section is not confined to statutory rules or the rules framed by the competent authority in exercise of the power of delegated legislation but also includes the terms of agreement entered into between the parties.

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