MSME Award Appeal here we mean and discuss Appeal against the order, decree or Award arising out of the statutory arbitration proceeding under MSME Act. There have been challenges to this provision in courts, where the contentions were raised that this provision is not mandatory and there can be deviation by the Appellate court. Thus, the Supreme Court has made it clear that the provision of section 19 of the MSME Act is mandatory in nature..             
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What power an arbitrator has in an arbitration proceeding?


Author- admin
Date:May 27, 2022

What power an arbitrator has in an arbitration proceeding ?

Arbitration & Conciliation Act, 1996 is an special Act. Arbitrator derives its power from the same.

The Act has envisaged almost all the situation, and provided provisions where Arbitrator enjoys the same power like a normal court.

Arbitrator’s power includes the followings :

To rule on its own jurisdiction : section 16

To pass orders on interim measures : section 17

Determination of rule of procedure : section 19, 24

To appoint experts : section 26

To take court assistance : section 27

To use mediation, conciliation or other procedure to encourage settlement : section 30

Correction and interpretation of award; passing of additional award : section 33