A Party can withdraw its consent to Arbitration any time before court takes up the matter & refers parties

Krishna Calibration Services Vs Jasmin Bharat Patel (Gujarat High Court)

It is clear that the application purported to be under Section 89(2)(a) of ‘the Code’ came to be filed on 20.03.2014 jointly requesting the Court that there is element of settlement, which is acceptable to the parties, it may be sent to the Arbitrator selected by both of them mentioned therein. However, before the Court formulated the terms of settlement and offered those terms to the parties for their observations as also before it could b

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