https://www.taxtmi.com/caselaws?id=459434 Exchange bye-laws and the Arbitration and Conciliation Act, 1996 together permitted constitution of a fresh tribunal after the first tribunal's mandate expired. Section 14 did not bar the exchange from appointing a substitute tribunal, and Section 15, read with the applicable bye-laws, supported replacement through the prescribed mechanism. The challenge under Sections 14 and 15 therefore failed because the earlier mandate had terminated and the arbitration process could continue under the governing rules. The party could pursue objections through the Sections 12 and 13 challenge procedure, but could not bypass arbitration altogether. en-us Wed, 01 Sep 2021 00:00:00 +0530 Fri, 13 Dec 2024 19:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459434 Exchange bye-laws and the Arbitration and Conciliation Act, 1996 together permitted constitution of a fresh tribunal after the first tribunal's mandate expired. Section 14 did not bar the exchange from appointing a substitute tribunal, and Section 15, read with the applicable bye-laws, supported replacement through the prescribed mechanism. The challenge under Sections 14 and 15 therefore failed because the earlier mandate had terminated and the arbitration process could continue under the governing rules. The party could pursue objections through the Sections 12 and 13 challenge procedure, but could not bypass arbitration altogether. Case-Laws Indian Laws Wed, 01 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459434