Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 32 Arbitration and Conciliation Act, 1996

Arbitration and Conciliation Act, 1996

 

 

32. Termination of proceedings.—

 

 

(1) The arbitral proceedings shall be terminated by the final arbitral award or by an order of the arbitral tribunal under sub-section (2).

 

(2) The arbitral tribunal shall issue an order for the termination of the arbitral proceedings where—

 

(a) the claimant withdraws his claim, unless the respondent objects to the order and the arbitral tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute,

 

(b) the parties agree on the termination of the proceedings, or

 

(c) the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.

 

(3) Subject to section 33 and sub-section (4) of section 34, the mandate of the arbitral tribunal shall terminate with the termination of the arbitral proceedings.

 

 

Previous | Next

 

Arbitration and Conciliation Act, 1996

 

Indian Laws – Bare Acts

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation