https://www.taxtmi.com/caselaws?id=159087 A contractual clause is treated as an arbitration agreement only where it clearly shows an intention to refer present or future disputes to a private tribunal for binding adjudication. A clause that merely gives an authority final power to fix rates for non-tendered additional work, or resolves a narrow administrative or valuation question, does not satisfy that requirement. The proviso to clause 10 was confined to rate determination for a limited excepted matter, did not require adjudication of disputes in an arbitral capacity, and did not authorise appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996. The prior deletion of an express arbitration clause also supported that construction. en-us Mon, 04 Jul 2011 00:00:00 +0530 Wed, 28 Oct 2015 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159087 A contractual clause is treated as an arbitration agreement only where it clearly shows an intention to refer present or future disputes to a private tribunal for binding adjudication. A clause that merely gives an authority final power to fix rates for non-tendered additional work, or resolves a narrow administrative or valuation question, does not satisfy that requirement. The proviso to clause 10 was confined to rate determination for a limited excepted matter, did not require adjudication of disputes in an arbitral capacity, and did not authorise appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996. The prior deletion of an express arbitration clause also supported that construction. Case-Laws Companies Law Mon, 04 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159087