https://www.taxtmi.com/caselaws?id=104085 Under the stock exchange arbitration framework, a byelaw made under the enabling securities legislation authorised references to two arbitrators, and that special statutory scheme prevailed over the general requirement in section 10 of the Arbitration and Conciliation Act, 1996 for an odd-number tribunal. The court treated the byelaw as subordinate legislation with the force of law, held that section 2(4) saved the exchange mechanism from inconsistency with the general Act, and rejected the challenge under section 34(2)(a)(v) because the tribunal was validly constituted. The award was therefore protected from attack on the ground of tribunal composition. en-us Fri, 05 Feb 1999 00:00:00 +0530 Mon, 27 Feb 2012 15:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104085 Under the stock exchange arbitration framework, a byelaw made under the enabling securities legislation authorised references to two arbitrators, and that special statutory scheme prevailed over the general requirement in section 10 of the Arbitration and Conciliation Act, 1996 for an odd-number tribunal. The court treated the byelaw as subordinate legislation with the force of law, held that section 2(4) saved the exchange mechanism from inconsistency with the general Act, and rejected the challenge under section 34(2)(a)(v) because the tribunal was validly constituted. The award was therefore protected from attack on the ground of tribunal composition. Case-Laws Companies Law Fri, 05 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104085