Court can appoint a new arbitrator under Section 11(6) of the Arbitration Act if the designated arbitral institution has ceased to exist: Telangana High Court

In a significant ruling, the Telangana High Court has reinforced the sanctity of arbitration clauses even when the designated arbitral institution ceases to exist. The bench of Justice K. Lakshman, while deciding ARBITRATION APPLICATION No.266 OF 2024, held that under Section 11(6) of the Arbitration and Conciliation Act, 1996, courts are empowered to appoint a new arbitrator if the arbitration clause clearly reflects the parties’ intent to arbitrate, even if…