https://www.taxtmi.com/article/detailed?id=9540 The Ordinance adds a proviso to section 36(3) providing that if the court is satisfied prima facie that the arbitration agreement or the making of the award was induced by fraud or corruption, it shall stay the award unconditionally pending disposal of the challenge under section 34; this proviso is treated as effective from the substitution of section 36 in October 2015 and applies to all court cases arising from arbitral proceedings. The Ordinance also substitutes section 43J to allow regulations to specify arbitrator accreditation norms and omits the Eighth Schedule. en-us Sat, 07 Nov 2020 08:33:25 +0530 Sat, 07 Nov 2020 08:33:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9540 The Ordinance adds a proviso to section 36(3) providing that if the court is satisfied prima facie that the arbitration agreement or the making of the award was induced by fraud or corruption, it shall stay the award unconditionally pending disposal of the challenge under section 34; this proviso is treated as effective from the substitution of section 36 in October 2015 and applies to all court cases arising from arbitral proceedings. The Ordinance also substitutes section 43J to allow regulations to specify arbitrator accreditation norms and omits the Eighth Schedule. Articles Other Topics Sat, 07 Nov 2020 08:33:25 +0530 https://www.taxtmi.com/article/detailed?id=9540