There are two equal partners in an ongoing partnership firm. The partners start business with equal capital. In due course of time one partner withdraws more capital from the firm's account. As a result his capital is now in negative. He has siphoned all of the working capital from the firm. The firm is now facing financial crisis as regards to supplier's dues, worker's salaries and other statutory due. An Arbitration clause is provided in the partnership deed with a named Arbitrator.
What are the remedies to tackle such an issue. Is dissolution of the firm the only option left?

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