Arbitration Award Passed - Transmission to District Courts
A YOGANANDA SWAMY
(Querist) 14 June 2010
This query is : Resolved
I am working in a private bank and the corporate office of the bank is situated at Chennai. There is a clause of Arbitration in their loan agreement and the Arbitration Proceedings will be held at Chennai.
My question is, after passing of the arbitration award at chennai, whether transmission from Chennai Court to District Court is required to file the EP before the District Court OR Not? If not provide the ruling of the Apex Court Or High Court.
Raj Kumar Makkad
(Expert) 14 June 2010
It is the sweet desire of the bank to have arbitrator at the place of its convenience and you are bound by your agreement already executed by you.
Daksh
(Expert) 14 June 2010
Dear Yogananda Swamy,
Kindly see if there is a clause as to the jurisdiction of the particular court.
Best Regards
Daksh