An arbitrator attached the property of a third party who is not a party to the arbitration proceedings pending adjudication. What is the remedy available to the third party whose property is attached.
An arbitrator attached the property of a third party who is not a party to the arbitration proceedings pending adjudication. What is the remedy available to the third party whose property is attached.
Daksh (Student) 16 August 2010
Dear Anil Kumar Menon,
The aggrieved party can approach the concerned court seeking appropriate direction qua setting aside the attachment order, allowing it to be a party in the Arbitration proceeding and alternatively at appropriate time can challenge the Arbitral Award.
Best Regards
Daksh