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    <title>2026 (10) TMI 1877 - Supreme Court</title>
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    <description>Contractual requirement for a three-member arbitral tribunal may be waived where parties consent to sole arbitrators, participate without timely objection, accept extensions, and advance counterclaims. Corporate insolvency moratorium does not bar a corporate debtor from pursuing recovery claims that may improve its financial position; an authorised special purpose vehicle may continue arbitration and seek mandate extension. Extension of an arbitral mandate in domestic arbitration lies exclusively with the court defined for that purpose, not with a High Court or designate exercising arbitrator-appointment powers. Sole-arbitrator proceedings consequently remain valid, and the award may be pronounced after proceedings conclude within the stipulated period.</description>
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      <link>https://www.taxtmi.com/caselaws?id=801934</link>
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