Hyderabad Police on Wednesday announced the arrest of six more persons in connection with the Rs 64.5 crore Telugu Akademi fixed deposit fraud case.With this, the number of arrested persons in this case rose to 10. Four accused were arrested .
I. Introduction
Section 16 of the Arbitration and Conciliation Act, 1996
(
A&C Act ) has been framed in
accordance with Article 16 of the UNCITRAL Model law, which
embodies elemental jurisprudential doctrine
i.e.,
Kompetenze - Kompetenze . This doctrine
empowers the court or an arbitral tribunal to rule upon its own jurisdiction, brought forth by one of the parties to
the dispute. Section 16 (1) of the A&C Act states that an
arbitral tribunal may rule on its own jurisdiction, including
ruling on any objection with respect to the existence or validity
of the arbitration agreement.
However, Section 16 of A&C Act is silent on whether it is