Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
Customs jurisdiction defined for Principal Commissioner, Vishakhapatnam, covering specified ports, districts and India's adjacent EEZ; effective on pu...
SC held that contractual clauses excluding disputes from arbitration must be construed narrowly and consistently with the rule of law. Where liability itself is disputed, one party cannot finally decide its own alleged breach or negligence and then bar both court and arbitral review. Clause 3.20 was read as permitting finality only on quantification where liability is admitted; it did not exclude arbitration of a contested liability dispute. The arbitral tribunal therefore had jurisdiction, the award did not relate to an excepted matter, and the High Court erred in treating the dispute as non-arbitrable. The appeals were allowed and the award restored.
SC held that contractual clauses excluding disputes from arbitration must be construed narrowly and consistently with the rule of law. Where liability itself is disputed, one party cannot finally decide its own alleged breach or negligence and then bar both court and arbitral review. Clause 3.20 was read as permitting finality only on quantification where liability is admitted; it did not exclude arbitration of a contested liability dispute. The arbitral tribunal therefore had jurisdiction, the award did not relate to an excepted matter, and the High Court erred in treating the dispute as non-arbitrable. The appeals were allowed and the award restored.
Note: It is a system-generated summary and is for quick reference only.