Arbitration Act | Mandate Ends if Award Not Passed Within Timeline; SC Substitutes Arbitrator Under Section 29A(6)

The Supreme Court has set aside a Delhi High Court order that extended the mandate of a sole arbitrator whose tenure had expired by operation of law. The Apex Court held that when the mandate of an arbitrator terminates under Section 29A(4) of the Arbitration and Conciliation Act, 1996, for failure to pass an award

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