Supreme Court Allows Appeal in Arbitration Clause Dispute — Clarifies Binding Nature of LOA. The court determined that the Letter of Award does not constitute a binding contract, thus the arbitration clause does not apply under Section 7 of the Indian Contract Act, 1872....
The case involved a dispute regarding the applicability of an arbitration clause following the acceptance of a Letter of Award (LOA) in a bidding process for road construction in Meghalaya. The appell...




