Where two or more even numbers of arbitrators are appointed and the reference provides that in the event of their disagreement, the matter in dispute shall be referred to the decision of a third person, such third person is called an umpire. So, an umpire may be appointed by the arbitrators within one month from the latest date of their respective appointments. He may be appointed by the court (1) when the arbitrators do not appoint him or (2) when the parties fail to appoint arbitrators. The court may remove him on same grounds on which an arbitrator is removed, namely, when he fails to proceed with arbitration or when he misconducts himself or the proceedings. He has to make an award within two months or such extended period as the court may allow. He may fix the amount of costs and the persons who shall bear such costs. his other rights and duties are the same as those of an arbitrator.

Advertisement

 

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]
0 Comments

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account