Question
In case of 3 arbitrators appointment of presiding
arbitrator can be made by____.Solution
 Arbitration & Conciliation Act  S.11. Appointment of arbitrators .—(1) A person of any nationality may be an arbitrator, unless otherwise agreed by the parties. (2) Subject to sub-section (6), the parties are free to agree on a procedure for appointing the arbitrator or arbitrators. (3) Failing any agreement referred to in sub-section (2), in an arbitration with three arbitrators, each party shall appoint one arbitrator, and the two appointed arbitrators shall appoint the third arbitrator who shall act as the presiding arbitrator. (4) If the appointment procedure in sub-section (3) applies and— (a) a party fails to appoint an arbitrator within thirty days from the receipt of a request to do so from the other party; or (b) the two appointed arbitrators fail to agree on the third arbitrator within thirty days from the date of their appointment, the appointment shall be made, upon request of a party, by 1[the Supreme Court or, as the case may be, the High Court or any person or institution designated by such Court];
Voucher relates to _________.
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
Entity owns a building, part leased to tenants, part used for admin. How should it account?
Under PMEGP, what is the maximum subsidy percentage available for beneficiaries belonging to SC/ST/Women/NER categories?
"Anticipate no profit and provide for all possible losses". It is based on the convention of:
Read the following information to answer the below questions:
While determining the Material Cost, _______ is not deducted from the purchase price.
It is treated as interest and finance charges. It is ignored.
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Journal entry is not made for which of the following?
When was the Government e-Marketplace (GeM) launched in India?