The Indian Companies Act 1882, 6 of 1882, (Rep., Act 1 of 1956)

Section 102. Where there are to be two or more arbitrators, if any of the Companies fail to appoint an arbitrator

Repealed or not in force · As amended up to 2026-08

102. Where there are to be two or more arbitrators, if any of the Companies fail to appoint an arbitrator within fourteen days after being thereunto requested in writing by the other Company, or by the other Companies or any of them, then, on the application of the Companies or any of them, the Local Government, instead of the Company so failing to appoint an arbitrator, may appoint an arbitrator. The arbitrator so appointed shall for the purposes of this Act be deemed to be appointed by the Company so failing.

Source: India Code