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Supreme Court Allows Appeal in Arbitration Clause Validity Dispute Under Lease Agreement. The arbitration clause designating the lessee's Managing Director as sole arbitrator is upheld as valid under the Arbitration and Conciliation Act, 1996, absent contravention of public policy.

The Supreme Court heard appeals by Indian Oil Corporation Limited against a judgment of the Bombay High Court. The dispute arose from a lease agreemen...

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Supreme Court Dismisses Recall Application in Arbitration Enforcement Dispute. Court Upholds Earlier Order Directing Deposit of Awarded Amount, Finding Application Was Tactical Move to Avoid Contempt Proceedings After Repeated Failure to Comply with High Court's Deposit Condition.

The Supreme Court dismissed a miscellaneous application seeking recall of its earlier order dated 28.10.2021. The dispute originated from arbitration ...