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 of the following statement is correct about Malavikagnimitra?
I. It was compiled by kalidasa.
II. It describes Agnimitra, son o...
Vallabhbhai Patel and ________ helped Gandhi in Kheda by organising his tour of the villages and urging the peasants to stand firm against the government.
Which of the following statements regarding the Ordinance-making power of the Governor is/are not correct?
1. It is a discretionary power and doe...
Which countries currently make up the G20 Troika, including the host nation?
Which of the following is the most widely used method for refining impure metals?
In which state of India, the one horn rhinos are mostly found?
World Breastfeeding week 2022 will be celebrated from ____?
ADB will provide a fund of Rs . 1311 . 20 crore for tourism projects in which state?
The Global Multidimensional Poverty Index developed by the United Nations Development Programme is a measurement of:
1. Nutrition
2. ...
What grade was recently assigned to the Haryana Electricity Distribution Department by the Government of India?