law: The Arbitration and Conciliation Act, 1996
  32. Termination of
  
  proceedings.
  1.  
  
    The
  
  arbitral proceedings shall be terminated by the final arbitral award or by an
  
  order of the arbitral tribunal under sub-section (2).
  2.  
  
    The
  
  arbitral tribunal shall issue an order for the termination of the arbitral
  
  proceedings where-
  a.   the claimant
  
  withdraws his claim, unless the respondent objects to the order and the
  
  arbitral tribunal recognises a legitimate interest on his part in, obtaining a
  
  final settlement of the dispute,
  b.   the parties agree on
  
  the termination of the proceedings, or
  c.   the arbitral tribunal
  
  finds that the continuation of the proceedings has for any other mason become
  
  unnecessary or impossible.
  1.  
  
  
  2.  
  
  
  3.  
  
    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.