[This post was originally published here as an update by International Law Office (ILO)] In 2019 a three-judge bench (full bench) of the Bombay High Court had to decide whether the courts can exercise their power to grant interim or ad interim reliefs under Section 9 of the Arbitration and Conciliation Act 1996 where the arbitration … Continue reading [Via ILO] Insufficiently stamped agreements: can parties still seek interim relief in support of India-seated arbitrations?
Insufficiently Stamped Agreement
Court’s Role in Appointing Arbitrator when the Contract is Insufficiently Stamped: Then and Now
Recently, in Damont Developers v Brys Hotels[i] (Damont Developers), the Delhi High Court appointed an arbitrator under Section 11 of the Arbitration and Conciliation Act 1996 (Arbitration Act) even though the memorandum of understanding (MoU) containing the arbitration clause was alleged to be insufficiently stamped. The Delhi HC observed that it is well within an … Continue reading Court’s Role in Appointing Arbitrator when the Contract is Insufficiently Stamped: Then and Now
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