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shashikumar (advocate)     10 June 2009

appointment of arbitrator

Undet the arbitration act the parties have to appoint arbitrator. In the share market there is built in provision that the NSE will apoint arbitration if there is dispute with the trading member and invstor.

If no arbitrator is appointed by NSE what is remedy.

 

 



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 2 Replies

R.R. KRISHNAA (Legal Manager)     10 July 2009

You can send a notice calling upon the other side to appoint arbitator.  On their failure you may approach the court for appointment of a arbitrator under relevant provisions.

shashikumar (advocate)     10 July 2009

The party do not appoint the arbitrator wo what is legal remedy.


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