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Showing contexts for: arbitration section 12 in Patel Engineering Ltd vs Wapcos Ltd on 1 September, 2017Matching Fragments
3. On account of the disputes between the parties, the petitioner activated the arbitration clause by issuing a notice dated 22.12.2015 raising a claim of Rs.20,43,89,463/ and requested the respondent to send a panel of three arbitrators to enable the petitioner to select one of them to act as a sole arbitrator.
4. In response to the said letter, WAPCOS Ltd. suggested names of three arbitrators under its letter dated 12.03.2016. Upon receipt of the letter, the petitioner under letter dated 22.03.2016 conveyed to WAPCOS Ltd. that as per amended section 12 of the Arbitration and Conciliation Act, 1996, ('the Act' for HC-NIC Page 4 of 12 Created On Sat Sep 09 15:54:50 IST 2017 O/IAAP/69/2017 ORDER short), the proposed arbitrators are required to make a declaration in the form provided under the schedule to the Act. The petitioner requested the WAPCOS Ltd. to supply such declarations.
12. The action of the respondent company in sending a panel of three names, all being clearly ineligible to act as an arbitrator, that too without applying sub section (1) of section 12, cannot be seen as having discharged its duty under an arbitration clause governing the parties. Arbitration clause undoubtedly requires the appointing authority to react within 90 days from the date of receipt of notice from the contractor seeking arbitration. However, such requirement cannot be seen in isolation and must be seen in light of the amended section 12 of the Act. The respondent cannot claim satisfaction of such requirement by suggesting names of three ineligible arbitrators that too without necessary declaration to enable the petitioner to verify whether anyone of them suffered from any ineligibility. The requirement of suggesting names of three persons was coupled with the HC-NIC Page 10 of 12 Created On Sat Sep 09 15:54:50 IST 2017 O/IAAP/69/2017 ORDER duty to suggest the persons who were otherwise not ineligible.