In the case of Mahanagar Telephone Nigam Ltd. v. Canara Bank & Ors. 2019- The Supreme Court held that a valid arbitration agreement is the foundation stone on which the entire edifice of the arbitral process is structured. The arbitration agreement need not be in any particular form. What is required to be ascertained is the intention of the parties to settle their disputes through arbitration. Further, the Court held that the meaning of a contract must be gathered by adopting a common-sense approach, and must not be allowed to be thwarted by a pedantic and legalistic interpretation. An ‘arbitration agreement’ is a commercial document inters partes and must be interpreted so as to give effect to the intention of the parties, rather than to invalidate it on technicalities. A non-signatory can be bound by an arbitration agreement on the basis of the “Group of Companies” doctrine, where the conduct of the parties evidences a clear intention of the 2 parties to bind both the signatory as well as the non-signatory parties.
Which component of a network ensures that data is delivered to the correct host in a multi-host environment?
Which of the following algorithms is most appropriate for a sorting task that requires minimal auxiliary space?
In Data Communication, what protocol is used to ensure reliable transmission of data over a network?
Which file structure is best suited for handling large datasets and ensuring fast access in C, C++, Java, or Python?
In the context of Data Modelling and Analytics, which technique is most suitable for identifying the underlying patterns in high-dimensional data withou...
Which of the following is considered the strongest type of encryption method in modern cyber security practices?
Which of the following algorithms is best suited for finding the shortest path in a weighted graph where some edges may have negative weights but no neg...
Which protocol is most commonly used for secure communication between IoT devices over the internet?
Which of the following Big Data processing models is based on the concept of continuous data flow processing?
...Which architecture allows multiple processors to share memory and work simultaneously?