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pawan (director)     05 October 2013

Arbitartion

1) High court appointed arbitrator sent notice for fee deposit and to file the claim. 2) one party neither filed claim nor deposited arb fees in time . 3) after 15 days of expiry of time Thyn moved an application to give time to file reply which arbitrator garanted subject to cost and only last oppurtunity and also to file arb fees 4) They againg did not depoosited any money and filed an application that they are moving to supreme court by slp . 5) Arb as per rules ,sent notice to 2nd party to deposit 50 % share of Ist party and give next date of hearing My question is how now arb will proceeds other party right to reply is waived and they have moved supreme court and have challenge the apointment of arb by high court . they have not dislosed any proceedings of arbitrators and they are a company and seeks condonation for delay on ground of sickness


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