JUDGEMENT
RASTOGI,J. -
(1.) Leave granted.
(2.) The question that arises for consideration in the batch of appeals by special leave is as to whether (1) the High Court was
justified in invoking amended provision which has been
introduced by Arbitration and Conciliation (Amendment Act ),
2015 with effect from 23rd October, 2015(hereinafter being referred to as " Amendment Act , 2015"); (2) whether the
arbitration agreement stands discharged on acceptance of the
amount and signing no claim/discharge certificate and (3)
whether it was permissible for the High Court under Section
11(6) of the Arbitration and Conciliation Act , 1996(prior to the Amendment Act , 2015) to appoint third party or an independent
Arbitrator when the parties have mutually agreed for the
procedure visàvis the authority to appoint the designated
arbitrator. The High Court has passed separate orders in
exercise of its powers under Section 11(6) of the Act, 1996 in
appointing an independent arbitrator without adhering to the
mutually agreed procedure under the agreement executed
between the parties. Since the batch of appeals involve common
questions of law and facts with the consent of parties, are
disposed off by the present judgment.
(3.) The facts have been noticed from civil appeal arising out of SLP(Civil) no. 2166 of 2018.;
Click here to view full judgement.
Copyright © Regent Computronics Pvt.Ltd.