Waiver Under Section 12(5) Of A&C Act Has To Be By An Express Agreement In Writing: Delhi High Court
Live LawThe Delhi High Court has ruled that any right under Section 12 of the Arbitration and Conciliation Act, 1996, that deals with the ineligibility of certain persons to be appointed as an arbitrator, can be waived of only by an express Agreement in writing entered into after the disputes had arisen between the parties. The petitioner AK Builders thereafter filed a petition under Sections 14 and 15 of the A&C Act before the Delhi High Court for terminating the mandate of the Arbitrator and for appointment of another Arbitrator. The Court added that a petition under Section 14 of the A&C Act is maintainable on the ground that an Arbitrator is ineligible under Section 12 of the A&C Act to act as an arbitrator. The Court observed that the Supreme Court in the case of HRD Corporation versus GAIL Limited had held that a petition under Section 14 of the A&C Act would be maintainable if the arbitrator was ineligible to act in terms of Section 12 of the A&C Act.