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    <title>2012 (6) TMI 431 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=214116</link>
    <description>An arbitration clause naming specific individuals as arbitrators was held to survive their death because the parties&#039; intention, read from the clause and surrounding circumstances, did not tie the agreement to the named arbitrators&#039; lifetime. The phrase &quot;at any time&quot; was construed as referring to when disputes arise, not as limiting the clause to those individuals personally. Sections 14 and 15 of the Arbitration and Conciliation Act, 1996 permit termination of an arbitrator&#039;s mandate and appointment of a substitute under the original procedure, so vacancy caused by death or non-availability can be filled unless replacement is expressly barred. The court therefore upheld appointment of a substitute sole arbitrator.</description>
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    <pubDate>Mon, 11 Jun 2012 00:00:00 +0530</pubDate>
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      <title>2012 (6) TMI 431 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=214116</link>
      <description>An arbitration clause naming specific individuals as arbitrators was held to survive their death because the parties&#039; intention, read from the clause and surrounding circumstances, did not tie the agreement to the named arbitrators&#039; lifetime. The phrase &quot;at any time&quot; was construed as referring to when disputes arise, not as limiting the clause to those individuals personally. Sections 14 and 15 of the Arbitration and Conciliation Act, 1996 permit termination of an arbitrator&#039;s mandate and appointment of a substitute under the original procedure, so vacancy caused by death or non-availability can be filled unless replacement is expressly barred. The court therefore upheld appointment of a substitute sole arbitrator.</description>
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      <pubDate>Mon, 11 Jun 2012 00:00:00 +0530</pubDate>
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