Appointment Of MD/Chairman Of Party As a Arbitrator Is Prohibited U/S 12(5) Of Arbitration Act: Jammu & Kashmir High Court

In a significant judgment delivered by the High Court of Jammu & Kashmir and Ladakh, the petition filed by Avtar Krishan Suri, the proprietor of Maha Shakti Industries, has been heard. The petitioner sought the appointment of an independent arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996. The dispute arose from the allotment of land to the petitioner for setting up an industrial unit in Udhampur, Jammu…