Whether a non-signatory to the arbitration agreement can be impleaded as a party to the proceedings?
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 are the functions of the Reserve Bank of India?
I. RBI sells foreign currency in the ...
Telnet is a ......... based computer protocol
What does the term "average pay for the daily paid worker" stand for according to the "Industrial Disputes Act 1947"?
A battery is used to :
Match List-I (Institute) with List-II (Location) and select the correct answer using the code given below the lists:
A tank whose length, width and height are 23 metres, 20 metres and 15 metres respectively is completely filled with juice. If the juice costs Rs.4/m
How many new employments were added to Schedule-II, as per the amendment made in 1995 in compensation act 1923?
During the World War II, Indian soldiers fought heroically in the Batle at Monte Cassino. Where is Monte Cassino located?
Which of the following Financial Institutions in India is/are regulated by the Reserve Bank of India?
I. Sma...
Which of the following option is incorrect regarding the “National Pension Scheme”?