Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
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Appointment of Sole Arbitrator to adjudicate the dispute between the parties to the present lis - interpretation of the terms of the contract between the parties - The Supreme court examined various clauses of the contract, noting that while there was a general reference to terms of another document, there was no specific mention of the arbitration clause. - It was established that mere general references to another contract were insufficient to incorporate an arbitration clause. Specific mention or intention was required for such incorporation. - The court emphasized Clause 7.0 of the contract, which explicitly stated that disputes must be resolved through civil courts in Delhi.
Appointment of Sole Arbitrator to adjudicate the dispute between the parties to the present lis - interpretation of the terms of the contract between the parties - The Supreme court examined various clauses of the contract, noting that while there was a general reference to terms of another document, there was no specific mention of the arbitration clause. - It was established that mere general references to another contract were insufficient to incorporate an arbitration clause. Specific mention or intention was required for such incorporation. - The court emphasized Clause 7.0 of the contract, which explicitly stated that disputes must be resolved through civil courts in Delhi.
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