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    <title>2002 (2) TMI 1242 - Supreme Court</title>
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    <description>The Arbitration and Conciliation Act, 1996 was interpreted as an integrated scheme under which objections to the composition of the arbitral tribunal must be raised before the tribunal under section 16 and no later than the statement of defence. A party that proceeds without timely objection is taken to have waived the defect under section 4. Section 10, prohibiting an even number of arbitrators, was treated as derogable in this context, and section 34(2)(a)(v) did not permit an award challenge where the tribunal was constituted in accordance with the parties&#039; agreement. The challenge to the award on the ground of tribunal composition was therefore not maintainable.</description>
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    <pubDate>Wed, 20 Feb 2002 00:00:00 +0530</pubDate>
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      <title>2002 (2) TMI 1242 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=106663</link>
      <description>The Arbitration and Conciliation Act, 1996 was interpreted as an integrated scheme under which objections to the composition of the arbitral tribunal must be raised before the tribunal under section 16 and no later than the statement of defence. A party that proceeds without timely objection is taken to have waived the defect under section 4. Section 10, prohibiting an even number of arbitrators, was treated as derogable in this context, and section 34(2)(a)(v) did not permit an award challenge where the tribunal was constituted in accordance with the parties&#039; agreement. The challenge to the award on the ground of tribunal composition was therefore not maintainable.</description>
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      <pubDate>Wed, 20 Feb 2002 00:00:00 +0530</pubDate>
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