https://www.taxtmi.com/caselaws?id=192102 Parties who adopt ICC Rules are bound by the institutional timetable for challenging an arbitrator and by the ICC Court's final decision on appointment, confirmation, challenge, or replacement; a delayed challenge is barred by waiver and estoppel, and the tribunal's constitution is not vitiated merely because reasons are not disclosed. The award was also treated as one for damages for breach of contract, not enforcement of a put option, so objections based on FEMA and RBI put-option restrictions did not apply. The tribunal was not found to have rewritten the contract, and the award of interest and costs was consistent with the agreement and the parties' litigation conduct. en-us Thu, 09 Feb 2017 00:00:00 +0530 Sat, 13 May 2017 08:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192102 Parties who adopt ICC Rules are bound by the institutional timetable for challenging an arbitrator and by the ICC Court's final decision on appointment, confirmation, challenge, or replacement; a delayed challenge is barred by waiver and estoppel, and the tribunal's constitution is not vitiated merely because reasons are not disclosed. The award was also treated as one for damages for breach of contract, not enforcement of a put option, so objections based on FEMA and RBI put-option restrictions did not apply. The tribunal was not found to have rewritten the contract, and the award of interest and costs was consistent with the agreement and the parties' litigation conduct. Case-Laws Indian Laws Thu, 09 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192102