Section 27: Termination of proceedings.

(1) The arbitral proceedings shall terminate when the final award is made or when an order of the arbitral tribunal is issued under subsection (2) of this section.
(2) The arbitral tribunal shall, issue an order for the termination of the arbitral proceedings when-
(a) the claimant withdraws his claim, unless the respondent objects thereto and the arbitral tribunal recognises a legitimate interest on his part in obtaining a final settlement of the dispute; or
(b) the parties agree on the termination of the arbitral proceedings; or
(c) the arbitral tribunal finds that continuation of the arbitral proceedings has for any reason become unnecessary or impossible.
(3) Subject to the provisions of section 28 and 29(2) of this Act, the mandate of the arbitral tribunal shall cease on termination of the arbitral proceedings.