Arbitration matter
Krishnachandra
(Querist) 11 October 2012
This query is : Resolved
Dear All,
A Project was handed over to Company - A by Company - B vide supply and service orders. Terms and conditions includes an arbitration clause, one arbitrator by each party and both arbitrators select an Umpire. Laws applicable to the arbitration procedures was in accordance with the laws of India.
Now, Company - A invoked the arbitration clause for non-payment of dues and other serious issues. The Current scenario of this arbitration is that the umpire is yet to be selected.
Now my question is - Can Company - A move to the Court to file a suit or to get a restraining order, provided that it shall continue with the Arbitration Proceedings???
(Here, please note that no where in the general or special terms and conditions does the dispute resolution by way of Court is mentioned)
Request experts to comment.
Regards
K. C. Palai
