A Constitution Bench of the Supreme Court, on Thursday, appointed Senior Advocate, Mr. Gourab Banerji as an Amicus Curiae to assist the Apex Court with the issue, whether the arbitration clause in a contract, which is required to be registered and stamped, but is not registered and stamped, is valid and enforceable. Justice Rastogi asked Mr. Banerji to name three …
The Supreme Court observed that the appointment of a new arbitrator who holds the arbitration proceedings at a different location would not change the jurisdictional 'seat' already fixed by the earlier or first arbitrator.The place of arbitration in such an event should be treated as a venue where arbitration proceedings are held, the bench of Justices Ajay Rastogi and Sanjiv. …
