Companies Act, 1973 (Act No. 61 of 1973)

Chapter IV: Formation, Objects, Capacity, Powers, Names, Registration and Incorporation of Companies

Incidental Matters

72. Arbitration between companies and others
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1)A company may agree to refer and may refer to arbitration any existing or future difference between itself and any other company or person.

 

2)Companies which are parties to the arbitration may delegate to the arbitrator power to settle or determine any matter capable of being lawfully settled or determined by the companies themselves or by their directors or other managing body.