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    <title>2000 (2) TMI 867 - Supreme Court</title>
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    <description>The arbitration reference was rescinded because the parties had failed to complete the process despite repeated appointments and extensions, leaving the dispute unresolved for an extended period. The Court directed that the matter should proceed in the civil suit instead of continuing with an ineffective arbitral reference, and the stay of the suit could not survive once arbitration was withdrawn. The receiver already appointed by the trial court was treated as appointed by that court, and all further questions concerning the receiver and his functioning were left to the trial court to decide in accordance with law.</description>
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      <title>2000 (2) TMI 867 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=287409</link>
      <description>The arbitration reference was rescinded because the parties had failed to complete the process despite repeated appointments and extensions, leaving the dispute unresolved for an extended period. The Court directed that the matter should proceed in the civil suit instead of continuing with an ineffective arbitral reference, and the stay of the suit could not survive once arbitration was withdrawn. The receiver already appointed by the trial court was treated as appointed by that court, and all further questions concerning the receiver and his functioning were left to the trial court to decide in accordance with law.</description>
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