Under what circumstances the arbitral proceedings can be terminated? 1. Final Arbitral award 2. Interim award 3. Where the arbitral tribunal issues an order for the termination
Explanation & Strategy
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Under Section 32 of the Arbitration Act, arbitral proceedings terminate in two situations: (1) by the final arbitral award, or (2) by an order of the tribunal terminating proceedings (when claimant withdraws, parties agree, or continuation becomes unnecessary/impossible). Interim awards do NOT terminate proceedings — only final awards do.