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    <title>ARBITRAL INSTITUTION</title>
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    <description>Appointment of arbitrators is based on party agreement on procedure and number but, where parties fail to appoint, the statute permits appointment by courts or institutions designated by courts. Amendments reassign appointment authority from the earlier specified judicial office to higher courts or their designees and introduce arbitral institutions and an Arbitration Council of India to grade institutions, maintain panels in ungraded jurisdictions, and set standards for infrastructure, arbitrator calibre and performance.</description>
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