Title : Form and Contents of Arbitral Award
State : Central
Year : 1996
(1)An arbitral award shall be made in writing and shall be signed by the membersof the arbitral tribunal. (2)For the purposes of sub-section (1), in arbitral proceedings with more than onearbitrator, the signatures of the majority of all the members of the arbitraltribunal shall be sufficient so long as the reason for any omitted signature isstated. (3)The arbitral award shall state the reasons upon which it is based, unless------ (a) the parties have agreed that no reasons are to be given,or (b) the award is an arbitral award on agreed terms undersection 30. (4) The arbitral award shall state its date and the placeof arbitration as determined in accordance with section 20 and the award shallbe deemed to have been made at that place. (5) After the arbitral award is made, a..... View Complete Act List Judgments citing this sectionTitle : Termination of Proceedings
State : Central
Year : 1996
(1) The arbitral proceedings shall be terminated by the final arbitral award or by an order of the arbitral tribunal under sub-section (2). (2) The arbitral tribunal shall issue an order for the termination of the arbitral proceedings where (a) the claimant withdraws his claim, unless the respondent objects to the order and the arbitral tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute, (b) the parties agree on the termination of the proceedings, or (c) the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible. (3) Subject to section 33 and sub-section (4) of section 34, the mandate of the arbitral tribunal shall terminate with the termination of the arbitral..... View Complete Act List Judgments citing this sectionTitle : Correction and Interpretation of Award; Additional Award
State : Central
Year : 1996
(1) Within thirty days from the receipt of the arbitral award, unless another period of time has been agreed upon by the parties (a) a party, with notice to the other party, may request the arbitral tribunal to correct any computation errors, any electrical or typographical errors or any other errors of a similar nature occurring in the award; (b) if so agreed by the parties, a party, with notice to the other party, may request the arbitral tribunal to give an interpretation of a specific point or part of the award. (2) If the arbitral tribunal considers the request made under sub-section (1) to be justified, it shall make the correction or give the interpretation within thirty days from the receipt of the request and the interpretation shall form part of the arbitral award. (3)..... View Complete Act List Judgments citing this sectionTitle : Recourse Against Arbitral Award
State : Central
Year : 1996
(1) Recourse to a Court against an arbitral award may be made only by an application for setting aside such award in accordance with sub-section (2) and sub-section (3). (2) An arbitral award may be set aside by the Court only if (a) the party making the application furnishes proof that (i) a party was under some incapacity, or (ii) the arbitration agreement is not valid under the law to which the parties have subjected it or, failing any indication thereon, under the law for the time being in force; or (iii) the party making the application was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present his case; or (iv) the arbitral award deals with a dispute not contemplated by or not falling within the..... View Complete Act List Judgments citing this sectionTitle : Application for Setting Aside Arbitral Award
State : Central
Year : 1996
(1) Recourse to a Court against an arbitral award may be made only by an application for setting aside such award in accordance with sub-section (2) and sub-section (3). (2) An arbitral award may be set aside by the Court only if (a) the party making the application furnishes proof that (i) a party was under some incapacity, or (ii) the arbitration agreement is not valid under the law to which the parties have subjected it or, failing any indication thereon, under the law for the time being in force; or (iii) the party making the application was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present his case; or (iv) the arbitral award deals with a dispute not contemplated by or not falling within the..... View Complete Act List Judgments citing this sectionTitle : Finality and Enforcement of Arbitral Awards
State : Central
Year : 1996
Subject to this Part an arbitral award shall be final and binding on the parties and persons claiming under them respectively. Section 36 - Enforcement Where the time for making an application to set aside the arbitral award under award under section 34 has expired, or such application having been made, it has been refused, the award shall be enforced under the Code of Civil Procedure, 1908 (5 of 1908) in the same manner as if it were a decree of the Court. View Complete Act List Judgments citing this sectionTitle : Finality of Arbitral Awards
State : Central
Year : 1996
Subject to this Part an arbitral award shall be final and binding on the parties and persons claiming under them respectively. View Complete Act List Judgments citing this sectionTitle : Enforcement
State : Central
Year : 1996
Where the time for making an application to set aside the arbitral award under award under section 34 has expired, or such application having been made, it has been refused, the award shall be enforced under the Code of Civil Procedure, 1908 (5 of 1908) in the same manner as if it were a decree of the Court. View Complete Act List Judgments citing this sectionTitle : Appeals
State : Central
Year : 1996
(1) An appealshall lie from the following orders (and from no others) to the Courtauthorised by law to hear appeals from original decrees of the Court passingthe order, namely:- (a) granting or refusing to grantany measure under section 9: (b) setting aside or refusing toset aside an arbitral award under section 34. (2) An appeal shall also lie to acourt from an order of the arbitral tribunal- (a) accepting the plea referred toin sub-section (2) or sub-section (3) of section 16; or (b) granting or refusing to grantan interim measure under section 17. (3) No second appeal shall liefrom an order passed in appeal under this section, but nothing in this sectionshall affect or taken away any right to appeal to the Supreme Court. View Complete Act List Judgments citing this sectionTitle : Appealable Orders
State : Central
Year : 1996
(1) An appealshall lie from the following orders (and from no others) to the Courtauthorised by law to hear appeals from original decrees of the Court passingthe order, namely:- (a) granting or refusing to grantany measure under section 9: (b) setting aside or refusing toset aside an arbitral award under section 34. (2) An appeal shall also lie to acourt from an order of the arbitral tribunal- (a) accepting the plea referred toin sub-section (2) or sub-section (3) of section 16; or (b) granting or refusing to grantan interim measure under section 17. (3) No second appeal shall liefrom an order passed in appeal under this section, but nothing in this sectionshall affect or taken away any right to appeal to the Supreme Court. View Complete Act List Judgments citing this section