https://www.taxtmi.com/caselaws?id=374211 The Supreme Court set aside the High Court's order appointing an independent arbitrator and directed the present Managing Director of the appellant to continue as the sole arbitrator. The Court emphasized the importance of parties abiding by the terms of the arbitration agreement and held that the respondent was estopped from challenging the arbitrator's competence after participating in the proceedings. The Court exercised its powers under Article 142 of the Constitution to ensure a fair resolution, directing the Managing Director to conclude the proceedings within four months. en-us Wed, 23 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 07:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374211 The Supreme Court set aside the High Court's order appointing an independent arbitrator and directed the present Managing Director of the appellant to continue as the sole arbitrator. The Court emphasized the importance of parties abiding by the terms of the arbitration agreement and held that the respondent was estopped from challenging the arbitrator's competence after participating in the proceedings. The Court exercised its powers under Article 142 of the Constitution to ensure a fair resolution, directing the Managing Director to conclude the proceedings within four months. Case-Laws Indian Laws Wed, 23 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374211