https://www.taxtmi.com/caselaws?id=110546 Exchange bye-laws treated securities bargains as subject to the Bombay Stock Exchange's arbitration framework, so a dispute between a member and a non-member remained referable even after the member's cessation from membership during the reference. The decisive factor was the parties' status and the transaction's contractual-regulatory setting at the time of the bargain, not the continued membership of the party during the arbitration. The Arbitration and Conciliation Act also required an arbitrator to disclose, without delay, any circumstance giving rise to justifiable doubts as to independence or impartiality. Non-disclosure of the arbitrator's advocate's professional connection with the respondent's advocate breached that mandatory duty and vitiated the awards, requiring the disputes to be reheard by a fresh panel. en-us Mon, 16 Aug 2004 00:00:00 +0530 Tue, 17 Apr 2012 14:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110546 Exchange bye-laws treated securities bargains as subject to the Bombay Stock Exchange's arbitration framework, so a dispute between a member and a non-member remained referable even after the member's cessation from membership during the reference. The decisive factor was the parties' status and the transaction's contractual-regulatory setting at the time of the bargain, not the continued membership of the party during the arbitration. The Arbitration and Conciliation Act also required an arbitrator to disclose, without delay, any circumstance giving rise to justifiable doubts as to independence or impartiality. Non-disclosure of the arbitrator's advocate's professional connection with the respondent's advocate breached that mandatory duty and vitiated the awards, requiring the disputes to be reheard by a fresh panel. Case-Laws Companies Law Mon, 16 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110546