Appointment of arbitrators, Business Law and Ethics

Assignment Help:

Appointment of Arbitrators

However under sec 12(1) the parties are free just for agree on the procedure of appointing arbitrators.

Therefore under sec 31(1) the parties are free for determine and search the number of arbitrators

Arbitrators may be appointed through as;

(a) The parties to the dispute and

(b) A third party or body appointed through the parties and

(c) High Court upon application in the giving circumstances as where

  1. As the parties fail to agree as to that who to appoint as the arbitrator
  2. As either party has failed to appoint its arbitrator with thirty days of a request of a receipt through the other party to do so. And
  3. Whereas the two arbitrators appointed fail to appoint a third

Once appointed an arbitrator must enter upon its duties with reasonable dispatch.  Whether as he may be removed from the office; for like

  1. Inability to perform
  2. Or for failure to act without undue delay

Conversely the arbitrator is free to withdraw from office.


Related Discussions:- Appointment of arbitrators

Explain territorial principle of criminal jurisdiction, Explain Territorial...

Explain Territorial principle of criminal jurisdiction The territorial principle provides that the courts of the State where a crime is committed may exercise jurisdiction over

law enforcement agencies, Do a comprehensive outline and a research paper....

Do a comprehensive outline and a research paper. A well-organized and thoughtful 3-5 page Research Paper in APA format. The impact and use of technology in policing and the cour

Illustrate the case of environmental taxes, Illustrate the case of environm...

Illustrate the case of environmental taxes Consider the case of environmental taxes. There is clear evidence that International Environmental Agreements (IEAs) suffers from an

Fraudulent preference - liquidator, Fraudulent preference - liquidator: ...

Fraudulent preference - liquidator: When a transaction is void as a fraudulent preference any charge created is void and any cash paid or property transferred by the company

Explain about the european court of justice rulings, Explain about the Euro...

Explain about the European court of justice rulings. European Court of Justice Rulings: This observes that EU law is being interpreted correctly and resolves any matters

Partnerships - unincorporated associations, Partnerships - Unincorporated A...

Partnerships - Unincorporated Associations Conversely Partnership is defined through S.3 (1) of the Partnership Act as "the relation that subsists between persons carrying at

Directors report - accounts and audit, Directors Report: By S.157 (1)...

Directors Report: By S.157 (1) the balance sheet must have attached to it a directors' report on the company's affairs, including the amount, if any, which they recommend shou

Registered office clause, Registered Office Clause:                   ...

Registered Office Clause:                          Section 5(1) (b) provides that the memorandum of association shall state that "the registered office of the company is to be

What is the meaning of ethics in the corporate environment, QUESTION 1 ...

QUESTION 1 (a) Why is it that businesses are increasingly exposed to scrutiny and criticisms? (b) Discuss four strategies which can be adopted to respond to these criticisms

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd