Case Law Details
Mr Bhavanishankar H Sharma Vs SRS Private Investment Powai Limited (Delhi High Court)
Section 14 of the Arbitration Act based lays down conditions under which the mandate of the Arbitral Tribunal may be terminated.
The petition does not satisfy any of the requirements of the conditions contained in Section 14 of the Arbitration Act. Petitioner has not even laid the factual foundation for establishing any bias,preconceived notion on the part of the Arbitral Tribunal or that they have become de-facto or de-jure unable to perform their functions leave alone substantiate the same.
Accordingly, no ground is made out for terminating the mandate of the Arbitral Tribunal.
Further, prayer has been made by the petitioner that the remarks made by the Arbitral Tribunal in its order dated 05.10.2021 be expunged.
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