Supreme Court recognises MCIA as an appointing institutionAugust 23 2017
In what may be described as a first, the Supreme Court of India has invoked its power under Section 11 of the Arbitration and Conciliation Act, 1996 to refer a matter to the Mumbai Centre for International Arbitration (MCIA).
The order has been passed under Section 11(6) of the Act, which allows parties to approach the Supreme Court for appointment of arbitrator, under certain circumstances. The Apex Court, through its order, has referred the case to MCIA for appointing an arbitrator.
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