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    <title>1996 (6) TMI 303 - HIGH COURT OF MADRAS</title>
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    <description>An arbitration clause incorporated in approved stock exchange bye-laws was upheld as valid because the standing arbitration committee was part of the exchange&#039;s regulatory framework, consisted of experienced market participants, and allowed both sides input in the appointment process; no actual bias or legal disqualification was shown. The clause was also construed broadly to cover disputes arising out of the transactions covered by the contract note, not merely disputes predating it. Revocation of the appointed arbitrators&#039; authority was refused where the parties had invoked and participated in the process. Refusal to allow counsel did not, by itself, establish bias, since permission for legal representation lay within the arbitrators&#039; discretion.</description>
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      <title>1996 (6) TMI 303 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=104487</link>
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