I have a case in delhi high court regarding family property. Both parties have agreed to appoint a relative as arbitrator and the same will be appointed by the High court , after recording statement of both the parties. The disputes involve immovable and movable properties of individual and HUF. I would like to know the following :
- Will the award given by the Arbitrator be registered, if yes with whom.What will be the rate of stamp duty.
- Will the arbitrator send his award go to the court and the court will make the award as its judgement or award it self will be the judgement.
- How will transfer of properties as per award take place both movable and immovable.
- If one of the parties does not follow the award then what is to be done.
- Will lawyer be need to represent me in front of Arbitrator, or since this is being done by our relative who give hia award as family settlement , we give our claims to the arbitrator.
Thanks in advance for all your replyies and views.
Regards
Indu
