https://www.taxtmi.com/caselaws?id=165133 A contractual arbitration clause naming the company's Director as arbitrator was held binding, and a party that accepted the contract could not later seek appointment of an independent arbitrator merely because it was dissatisfied with the agreed nominee. The court applied the principle that the agreed arbitration procedure, including the identity of the named arbitrator, must be honoured unless the mechanism is impossible to perform or otherwise legally unenforceable. The request for substitution of the contractual arbitrator was rejected, and the dispute was directed to proceed before the arbitrator specified in the agreement. en-us Thu, 17 Sep 2009 00:00:00 +0530 Fri, 09 May 2014 14:53:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165133 A contractual arbitration clause naming the company's Director as arbitrator was held binding, and a party that accepted the contract could not later seek appointment of an independent arbitrator merely because it was dissatisfied with the agreed nominee. The court applied the principle that the agreed arbitration procedure, including the identity of the named arbitrator, must be honoured unless the mechanism is impossible to perform or otherwise legally unenforceable. The request for substitution of the contractual arbitrator was rejected, and the dispute was directed to proceed before the arbitrator specified in the agreement. Case-Laws Companies Law Thu, 17 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165133