limitation in arbitration
sandeep kumar
(Querist) 26 December 2009
This query is : Resolved
Plz tell me
1.what is the limitation for arbitration in a contract .
2.From when it should be calculated. from date of cause of action arose or from date on which court ordered to go for arbitration.
Dr.Anjani Kumar Vaidyasen,09431271130,Patna
(Expert) 26 December 2009
Dear friend,
Firstly I opine that there is no limitation for arbitration in a contract.
Secondly, According to contract agreement it will be provided that who can be an arbitrator for resolving the dispute between both parties.If there is not mentioned the clause in the contract agreement then you can intervene the proper court for remedy of the disputed matter under The Arbitration and Conciliation Act,1996.
Thanking you.
sandeep kumar
(Querist) 29 December 2009
thank you very much sir for your valuable comment. thanks once again.