Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Arbitration application allowed u/s 11(6) of Arbitration and Conciliation Act, 1996. Court's role limited to determining existence of arbitration agreement and not touching merits. Mere failure to pay may not give rise to cause of action, but denial of claim gives rise to dispute. Applicant raised dispute within limitation period after settlement of final bill. Whether claim barred by limitation to be decided by arbitrator u/s 20. Negotiations don't postpone limitation period u/s 43 read with Limitation Act, 1963.
Arbitration application allowed u/s 11(6) of Arbitration and Conciliation Act, 1996. Court's role limited to determining existence of arbitration agreement and not touching merits. Mere failure to pay may not give rise to cause of action, but denial of claim gives rise to dispute. Applicant raised dispute within limitation period after settlement of final bill. Whether claim barred by limitation to be decided by arbitrator u/s 20. Negotiations don't postpone limitation period u/s 43 read with Limitation Act, 1963.
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