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    <title>2003 (3) TMI 543 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>Section 8 of the Arbitration and Conciliation Act, 1996 requires an application for reference to arbitration before the applicant submits its first statement on the substance of the dispute, and a first statement may include an interlocutory reply or other substantive step, not only a formal written statement. Participation before the Company Law Board, seeking time, filing replies and later pursuing civil proceedings amounted to waiver, acquiescence and abandonment of the arbitration clause, so the petitioners lost the right to arbitrate. The court also found no basis for writ interference under Articles 226 and 227 because the impugned order was reasoned, within jurisdiction and not perverse, and the company, not being a party to the arbitration agreement, could not be referred to arbitration.</description>
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    <pubDate>Fri, 14 Mar 2003 00:00:00 +0530</pubDate>
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      <title>2003 (3) TMI 543 - HIGH COURT OF PUNJAB AND HARYANA</title>
      <link>https://www.taxtmi.com/caselaws?id=108518</link>
      <description>Section 8 of the Arbitration and Conciliation Act, 1996 requires an application for reference to arbitration before the applicant submits its first statement on the substance of the dispute, and a first statement may include an interlocutory reply or other substantive step, not only a formal written statement. Participation before the Company Law Board, seeking time, filing replies and later pursuing civil proceedings amounted to waiver, acquiescence and abandonment of the arbitration clause, so the petitioners lost the right to arbitrate. The court also found no basis for writ interference under Articles 226 and 227 because the impugned order was reasoned, within jurisdiction and not perverse, and the company, not being a party to the arbitration agreement, could not be referred to arbitration.</description>
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      <pubDate>Fri, 14 Mar 2003 00:00:00 +0530</pubDate>
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