The Arbitration and Conciliation Act was enacted by the
legislature to ensure party autonomy in deciding the dispute
adjudication process. The UNCITRAL Code (Model Law and Rules) has
also adopted and promulgated the theory of parties being
self-sufficient by providing that parties are free to agree on the
process to be followed in conducting the proceedings. In India, the
arbitration process is governed by the Arbitration and Conciliation
Act, 1996 (based on UNCITRAL Code) which clearly upholds
parties' autonomy as the prime and fundamental aspect. The
parties are free to opt for arbitration as their adjudication
process and while preparing an arbitration agreement (Sec.7),
parties even have the ease to agree on the process being governed
by an ad hoc or an institutional arbitration, number of arbitrators
(Sec.10), governing law, seat and the venue. Thus, it can be summed
up that the independency in adopting or determining the process in
appointing an arbitrator by the
