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(VERSION-IV) - DVC :: Consumer Login

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latter of the two arbitrators has been appointed, the third arbitrator shall, at the request of either<br />

party, be appointed by the Appointing Authority for arbitrator designated in the SCC.<br />

48.2.5 If one party fails to appoint its arbitrator within forty-two (42) days after the other party<br />

has named its arbitrator, the party which has named an arbitrator may request the Appointing<br />

Authority to appoint the second arbitrator.<br />

48.2.6 If for any reason an arbitrator is unable to perform its function, the mandate of the<br />

Arbitrator shall terminate in accordance with the provisions of applicable laws as mentioned in<br />

GCC Clause 47(Governing Law) and a substitute shall be appointed in the same manner as the<br />

original arbitrator.<br />

48.2.7 Arbitration proceedings shall be conducted as follows:-<br />

(i) Appointing Authority for Adjudicator: Chairman of <strong>DVC</strong><br />

Appointing Authority for third Arbitrator:<br />

a) President, Institution of Engineers in case of an Indian Contractor.<br />

b) President, International Chambers of Commerce, Paris in case of a<br />

Foreign Contractor.<br />

(ii) Rules of procedure for arbitration proceedings:<br />

a) In case of a foreign contractor the arbitration proceeding shall be conducted in accordance with<br />

the United Nations Commission on International Trade Law (UNCITRAL) Arbitration Rules of<br />

1976.<br />

b) In case of an Indian Contractor, the arbitration proceedings shall be conducted in accordance<br />

with Indian Arbitration and Conciliation Act 1996. In case the Indian Contractor is an Indian<br />

Public Sector Enterprise /Government Department (but not a state Govt. Undertaking of Joint<br />

Sector Undertaking which is not a subsidiary of Central Govt. Undertaking), the dispute arising<br />

between the Employer and the Contractor shall be referred for resolution to a Permanent<br />

Arbitration machinery (PAM) of the Department of Public Enterprises, Government of India.<br />

(iii) The Place for Arbitration shall be : Kolkata, India<br />

48.2.8 The decision of a majority of the arbitrators (or of the third arbitrator chairing the<br />

arbitration panel, if there is no such majority) shall be final and binding and shall be enforceable<br />

in any court of competent jurisdiction as decree of the court. The parties thereby waive any<br />

objections to or claims of immunity from such enforcement.<br />

48.2.9 The arbitrator(s) shall give reasoned award.<br />

48.3. Notwithstanding any reference to the Adjudicator or arbitration herein,<br />

(a) the parties shall continue to perform their respective obligations under the Contract<br />

unless they otherwise agree<br />

(b) the Employer shall pay the Contractor any monies due to the Contractor.<br />

W& P Manual – 2012 Page 171

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