https://www.taxtmi.com/caselaws?id=165138 Where a named arbitrator withdraws and the arbitration agreement does not prohibit replacement or prescribe a contrary procedure, the mandate is not exhausted and a substitute arbitrator may be appointed under the Arbitration and Conciliation Act, 1996. Pendency of proceedings before the Board for Industrial and Financial Reconstruction does not bar arbitration, because Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 restrains coercive recovery and like proceedings, not adjudicatory arbitration. The applications were allowed and the substitute arbitrator was appointed to decide the parties' disputes. en-us Fri, 28 Apr 2006 00:00:00 +0530 Wed, 11 Jun 2014 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165138 Where a named arbitrator withdraws and the arbitration agreement does not prohibit replacement or prescribe a contrary procedure, the mandate is not exhausted and a substitute arbitrator may be appointed under the Arbitration and Conciliation Act, 1996. Pendency of proceedings before the Board for Industrial and Financial Reconstruction does not bar arbitration, because Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 restrains coercive recovery and like proceedings, not adjudicatory arbitration. The applications were allowed and the substitute arbitrator was appointed to decide the parties' disputes. Case-Laws Companies Law Fri, 28 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165138