https://www.taxtmi.com/article/detailed?id=8687 The amendment creates Arbitral Institution designated by the Supreme Court or High Courts and graded by the Council, revises appointment procedures to allow designated institutions to appoint arbitrators where parties fail to act, requires disclosure by prospective arbitrators, permits appointment of third country arbitrators in international commercial disputes, and obliges institutions to determine fees subject to the Fourth Schedule. It prescribes strict time limits for pleadings and awards, confines interim measures to ongoing proceedings, establishes confidentiality and good faith protections, and institutes an Arbitration Council plus qualifications for arbitrators in an Eighth Schedule. en-us Wed, 21 Aug 2019 07:08:16 +0530 Wed, 21 Aug 2019 07:08:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8687 The amendment creates Arbitral Institution designated by the Supreme Court or High Courts and graded by the Council, revises appointment procedures to allow designated institutions to appoint arbitrators where parties fail to act, requires disclosure by prospective arbitrators, permits appointment of third country arbitrators in international commercial disputes, and obliges institutions to determine fees subject to the Fourth Schedule. It prescribes strict time limits for pleadings and awards, confines interim measures to ongoing proceedings, establishes confidentiality and good faith protections, and institutes an Arbitration Council plus qualifications for arbitrators in an Eighth Schedule. Articles Other Topics Wed, 21 Aug 2019 07:08:16 +0530 https://www.taxtmi.com/article/detailed?id=8687