Cimmco Ltd. v. Texmaco Rail and Engineering Ltd.
Case brief
What is this about?
The Calcutta High Court appointed a new arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996, following the death of the incumbent arbitrator. The Court directed the parties to share remuneration and assist the new arbitrator in completing the award within six months.
What did the court decide?
Appointment of Mr. Pradip Kumar Ghosh as new arbitrator with remuneration of Rs. 10 lakhs shared equally and a timeline of six months to complete the award.