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    <title>2009 (9) TMI 592 - Supreme Court</title>
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    <description>An arbitration clause is a separable and collateral term of a valid contract, so it survives termination or breach unless the contract was void ab initio, never concluded, or wholly superseded by a later agreement. The clause covered disputes arising out of or relating to the hire purchase agreement, and termination did not extinguish that submission to arbitration. Where the statutory requirements of section 8 of the Arbitration and Conciliation Act, 1996 were satisfied, including a valid arbitration agreement and a timely application with the agreement produced, the judicial authority had no discretion and was bound to refer the parties to arbitration.</description>
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      <title>2009 (9) TMI 592 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=113952</link>
      <description>An arbitration clause is a separable and collateral term of a valid contract, so it survives termination or breach unless the contract was void ab initio, never concluded, or wholly superseded by a later agreement. The clause covered disputes arising out of or relating to the hire purchase agreement, and termination did not extinguish that submission to arbitration. Where the statutory requirements of section 8 of the Arbitration and Conciliation Act, 1996 were satisfied, including a valid arbitration agreement and a timely application with the agreement produced, the judicial authority had no discretion and was bound to refer the parties to arbitration.</description>
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      <pubDate>Fri, 18 Sep 2009 00:00:00 +0530</pubDate>
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