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TypeBare Act JurisdictionCentral Government

Arbitration Act, 1940 Schedule 01

SCHEDULE 01: THE FIRST SCHEDULE

~2 min read
https://sooperkanoon.com/act/241263

Bare act section · Research

About this section

Arbitration Act, 1940 Schedule 01 is part of Arbitration Act, 1940 - SCHEDULE 01: THE FIRST SCHEDULE. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

(See Section 3-) IMPLIED CONDITIONS OF ARBITRATION AGREEMENTS 1. Unless otherwise expressly provided, the reference shall be to a sole arbitrator. 2. If the reference is to an even number of arbitrators, the arbitrators shall appoint an umpire not later than one month from the latest date of their respective appointments. STATE AMENDMENT Uttar Pradesh In its application to the State of Uttar Pradesh, in the First Schedule, para. 2, for the words " not later than one month from the latest date of their respective appointments", substitute the words "within one month from the latest date of their respective appointments or within such extended time as the parties to the reference agree to, an In the absence of such agreement, as the Court may allow," -U. P. Act 57 of 1976, S. 24(a) (1-1-1977). 3. The Arbitrators shall make their award within four months after entering on the reference or after having been called upon to act by notice in writing from any party to the arbitration agreement or within such extended time as the Court may allow. STATE AMENDMENT Uttar Pradesh In its application to the State of Uttar Pradesh, in the First Schedule, in paragraph 3. for the words "or within such extended time as the Court may allow" substitute the words "or within such extended time as the parties to the reference agree to, and in the absence of such agreement, as the court may allow". -U.P. Act 57 of 1976, S.24(b)(1-1-1977). 4. If the arbitrators have allowed their time to expire without making an award or have delivered to any party to the arbitration agreement or to the umpire a notice in writing staling that they cannot agree, the umpire shall forthwith enter on the reference in lieu of the arbitrators. 5. The umpire shall make his award within two months of entering on the reference or within such extended time as the Court may allow. STATE AMENDMENT Uttar Pradesh In its application to the state of Uttar Pradesh, in the First Schedule, in para. 5, for the words "or within such extended time as the Court may allow", substitute the words "or within such extended time as the parties to the reference agree to, and in the absence of such agreement, as the Court may allow". -U. P. Act 57 of 1976, S. 24(c) (1-1- 1977). 6. The parties to the reference and all persons claiming under them shall, subject to the provisions of any law for the time being in force, submit to be examined by the arbitrators or umpire on oath or affirmation in relation to the matters in difference and shall, subject as aforesaid, produce before the arbitrators or umpire all books, deeds, papers, accounts, writings and documents within their possession or power respectively, which may be required or called for, and do all other things which, during the proceedings on the reference, the arbitrators or umpire may require. 7. The award shall be final and binding on the parties and persons claiming under them respectively.

Frequently asked questions

What does Arbitration Act, 1940 Schedule 01 provide?

Section Schedule 01 of the Arbitration Act, 1940 (SCHEDULE 01: THE FIRST SCHEDULE) is reproduced on this page as part of the Arbitration Act, 1940. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Arbitration Act, 1940 Schedule 01?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Arbitration Act, 1940 Schedule 01. Advanced act search can narrow results by court, year, or additional act filters.

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SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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