CS Professional · Arbitration, Mediation and Conciliation · Emerging Aspects: Fast Track and Virtual Arbitration
Under a fast track arbitration agreement between Bharat Steel Ltd and Gomti Engineering Ltd, the parties have agreed on a sole arbitrator, Mr Rao. Neither party asks for an oral hearing. Mr Rao feels the pleadings leave one technical point unclear. What is he permitted to do under section 29B?
He may call for further information or clarification under section 29B(3)(b), and may hold an oral hearing if he considers it necessary to clarify certain issues under section 29B(3)(c). A joint party request is not the only route to a hearing.
- ACall for further information or clarification from the parties and, if he considers it necessary, hold an oral hearing on that issueCorrect
- BDo nothing, since a fast track tribunal cannot go beyond the filed pleadings
- CHold an oral hearing only if both parties request it
- DConvert the proceedings into ordinary arbitration with a three-member tribunal
Explanation
Section 29B(3)(b) empowers the tribunal to call for further information or clarification, and (3)(c) allows an oral hearing if all parties request it or the tribunal considers it necessary for clarifying certain issues. Option C is wrong because the tribunal's own view of necessity also suffices.
Did you get it right without looking?
One question tells you little. A timed set on Emerging Aspects: Fast Track and Virtual Arbitration shows your real accuracy, how long you take and where you lose marks.
More Emerging Aspects: Fast Track and Virtual Arbitration questions
- Under a fast track agreement, Gupta Foods Ltd wants an oral hearing but Bhatia Logistics objects, and the sole arbitrator sees no need for o…
- A sole arbitrator enters upon the reference in a fast track arbitration on 1 March. No award is made by 1 September of the same year, and no…
- Meridian Textiles Pvt Ltd and Kaveri Dyes Ltd have a supply contract with an ordinary arbitration clause. After a payment dispute arises, bu…
- In a fast track arbitration between Mehta Infra Ltd and Rao Steels, neither party asks for an oral hearing. The sole arbitrator finds one in…
- Ganga Foods Ltd and Neel Exports Pvt Ltd opt for fast track arbitration with a sole arbitrator. Neel Exports asks for an oral hearing, but G…
- Rao Pharma and Delta Logistics agreed to fast track arbitration, but the sole arbitrator could not make the award within the six-month perio…