If one of the parties knows that any requirement under the Arbitration Agreement has been violated or a non-mandatory provision of this Law has not been complied with, yet it proceeds with the Arbitration without invoking its objection to the violation or non-compliance within the period agreed upon or within (7) seven days from the date of knowledge in the absence of such agreement, such party shall be deemed to have waived its right to object.
Interpretation and application must be checked against the official text and current version.