Multi-Commodity Exchange can constitute an Arbitral Tribunal afresh if proceedings couldn’t be concluded timely: HC

COMPANY LAW/ARBITRATION ACT : By virtue of Bye-laws of Multi-Commodity Exchange of India Ltd., Exchange is always entitled to legitimately constitute a Arbitral Tribunal afresh if an attempt fails or proceedings could not be concluded within prescribed time

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000317109/multi-commodity-exchange-can-constitute-an-arbitral-tribunal-afresh-if-proceedings-couldn’t-be-concluded-timely-hc.aspx