Bar Against Even Number Of Arbitrators Not Applicable In Statutory Arbitration Under Section 18(3) Of MSMED Act: Calcutta High Court
A dispute between Texmaco Rail & Engineering Ltd. and a small enterprise supplier led to arbitration proceedings before the West Bengal State Micro and Small Enterprises Facilitation Council. The conflict stemmed from non-payment of dues related to a supply transaction. The supplier moved the Council for redress under Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006). Challenge to arbitral award under Arbitration Act…
