https://www.taxtmi.com/caselaws?id=222137 Receipt of a notice invoking arbitration starts arbitral proceedings under Section 21 of the Arbitration and Conciliation Act, 1996, so limitation stops on that receipt and a later Section 11(6) petition is not time-barred if the demand was made within three years of accrual. An objection based on alleged accord and satisfaction failed because the MOU was disputed and the parties' correspondence showed an unconditional agreement to arbitrate; that correspondence also satisfied the requirements of an arbitration agreement under Section 7(4)(a). The court therefore rejected the objections and appointed a sole arbitrator. en-us Tue, 09 Apr 2013 00:00:00 +0530 Thu, 11 Apr 2013 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222137 Receipt of a notice invoking arbitration starts arbitral proceedings under Section 21 of the Arbitration and Conciliation Act, 1996, so limitation stops on that receipt and a later Section 11(6) petition is not time-barred if the demand was made within three years of accrual. An objection based on alleged accord and satisfaction failed because the MOU was disputed and the parties' correspondence showed an unconditional agreement to arbitrate; that correspondence also satisfied the requirements of an arbitration agreement under Section 7(4)(a). The court therefore rejected the objections and appointed a sole arbitrator. Case-Laws Companies Law Tue, 09 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222137