As provided under s. 12 of the Act. 12. Grounds for challenge.- (1) When a person is approached in connection with his possible appointment as an arbitrator, he shall disclose in writing any circumstances,— (a) such as the existence either direct or indirect, of any past or present relationship with or interest in any of the parties or in relation to the subject-matter in dispute, whether financial, business, professional or other kind, which is likely to give rise to justifiable doubts as to his independence or impartiality; and (b) which are likely to affect his ability to devote sufficient time to the arbitration and in particular his ability to complete the entire arbitration within a period of twelve months. (3) An arbitrator may be challenged only if— (a) circumstances exist that give rise to justifiable doubts as to his independence or impartiality, or(b) he does not possess the qualifications agreed to by the parties. (4) A party may challenge an arbitrator appointed by him, or in whose appointment he has participated, only for reasons of which he becomes aware after the appointment has been made. (5) Notwithstanding any prior agreement to the contrary, any person whose relationship, with the parties or counsel or the subject-matter of the dispute, falls under any of the categories specified in the Seventh Schedule shall be ineligible to be appointed as an arbitrator: Provided that parties may, subsequent to disputes having arisen between them, waive the applicability of this sub-section by an express agreement in writing.
Statement: Market trends are changing continuously and with increasing competitiveness, the consumer's demands with respect to the prices and quality ar...
Statement: The next meeting of the management body of ixambee will be held after six months.
Assumption:
A statement is followed by two assumptions numbered I and II. Consider the statement to be true and decide which of the given assumption(s) is/are impli...
Last night thieves used gas cylinders and cutter machines to drill a hole in the wall of a vacant flat which shared a common wall with the shop
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Event (A): The residents of Oorgaumpet in Kolar Gold Fields woke to see a 200-ft-deep sinkhole, which had formed overnight in their neighbourhood. <...
The Centre has set ambitious health goals for 2020 and is in the process of deciding the financial outlay for various targets under the National Health ...
Statement: The forest department has embarked on an initiative to plant six crore saplings in the state.
Assumptions:
I. The areas wh...
Statement: Farm fires, being touted as the major reason for unbreathable Delhi air, are shown to account for only 40% of the current spell of deadly ...
Statement: Scientists, led by an Indian-origin researcher, have developed artificial bone tissues that could provide new bone marrow for patients nee...
Statement: The alumni of the institute returned to rescue crumbling building of 112-year-old alma mater.
I. The Building of the institute was...