law: Arbitration Act 1940
  Section 32
  Termination of Proceedings
  The arbitral proceedings shall be terminated
  
  by the final arbitral award or by an order of the arbitral tribunal under
  
  sub-section (2  The  arbitral tribunal shall issue an
  
  order for the termination of the arbitral proceedings where -
  The claimant withdraws his claim, unless the
  
  respondent objects to the order and the arbitral tribunal recognizes a
  
  legitimate interest on his part in obtaining a final settlement of the dispute,
  
  the parties agree on the termination of the proceedings, or the arbitral
  
  tribunal finds that the continuation of the proceedings has for any other
  
  reason become unnecessary or impossible.
  Subject to section 33 and sub-section (4) of
  
  section 34, the mandate of the arbitral tribunal shall terminate with the termination
  
  of the arbitral proceedings.