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.
In Re Interplay Between Arbitration Agreements Under The Arbitration And Conciliation Act 1996 And The Indian Stamp Act 1899
