December 20, 2023
Dispute Resolution / Arbitration
Dispute Resolution / Arbitration
Supreme Court Rules: Arbitration Clauses in Unstamped o...
A seven judge bench of the Supreme Court was called upon to resolve an issue which arose in the context of three statutes – the Arbitration and Conciliation Act, 1996 ("Arbitration Act"), the Indian Stamp Act, 1899 ("Stamp Act"), and the Indian Contract Act, 1872 ("Contract Act") - whether arbitration agreements would be non-existent, unenforceable, or invalid if the underlying contract is not stamped. ......