Section 12(5) of Arbitration Act bars individuals with conflicts of interest from being arbitrators for fair proceedings.

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....Section 12(5) of the Arbitration and Conciliation Act, 1996 - eligible person to be appointed as an arbitrator - where, under any agreement between the parties, a person falls within any of the categories set out in the Seventh Schedule, he is, as a matter of law, ineligible to be appointed as an arbitrator.....