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Supreme Court s seven-judge bench overturns prior ruling in M/s. N.N. Global Mercantile case, holding through a curative petition that arbitration clauses in unstamped or inadequately stamped agreements are now enforceable. A notable shift from the previous stance deeming such agreements unenforceable.
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Kerala High Court rules: Section 5 of the Limitation Act doesn’t apply to Section 34 applications under the Arbitration Act. Emphasis on strict adherence to the four-month limitation period for challenging arbitral awards. Delhi High Court Rules Email Delivery of Arbitral Awards Valid Under Arbitration Act. Case Title: Mathew P
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The Hon ble Bombay High Court has addressed a significant jurisdictional challenge in arbitration proceedings involving a financial institution. The Court ruled against the contention that as a financial institution under the SARFAESI Act, the petitioner is restricted to proceed only under the SARFAESI Act and barred from invoking arbitration.
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Challenge: Non-executable arbitral awards due to unilateral arbitrator appointments Solution: Institutional Arbitration through Online Dispute Resolution (ODR) Platform The Supreme Court of India dismissed a Special Leave Petition filed against the Delhi High Court’s decision, which upheld a Commercial Court’s refusal to execute an award passed by a unilaterally appointed
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Providing Wrong Address Bars Objection to Arbitration Notice Case Title: Kotak Mahindra Bank Ltd. vs Narendra Kumar PrajapatCourt: Supreme Court of IndiaDate of Judgement: 12.12.2023 In a notable decision, the Hon’ble Delhi High Court addressed a jurisdictional issue involving the appointment of an arbitrator in a dispute arising from a
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Delhi High Court Rules Email Delivery of Arbitral Awards Valid Under Arbitration Act. Case Title: Ministry of Youth Affairs and Sports v. Ernst and Young Pvt Ltd1Court: Delhi High CourtDate of Judgment: 23.08.2023 The Delhi High Court recently passed a judgment that has affirmed that the delivery of arbitral awards