<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2006 (1) TMI 552 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=160521</link>
    <description>An arbitration clause remained enforceable despite a separate stipulation making the arbitrator&#039;s determination final and barring objections, because the invalid portion was clearly severable from the rest of the agreement. Applying severability and the blue pencil test, the Court treated the referable promise to arbitrate, the UNCITRAL framework, and the ancillary terms on seat, language, and costs as independent from the objectionable finality-and-waiver language. It held that a contract is not unenforceable merely because one part is invalid where the lawful part preserves the substance of the bargain and can stand alone. The express severability clause further supported enforcing the surviving arbitration promise and appointing an arbitrator.</description>
    <language>en-us</language>
    <pubDate>Tue, 31 Jan 2006 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 12 Jun 2014 16:39:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=340009" rel="self" type="application/rss+xml"/>
    <item>
      <title>2006 (1) TMI 552 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=160521</link>
      <description>An arbitration clause remained enforceable despite a separate stipulation making the arbitrator&#039;s determination final and barring objections, because the invalid portion was clearly severable from the rest of the agreement. Applying severability and the blue pencil test, the Court treated the referable promise to arbitrate, the UNCITRAL framework, and the ancillary terms on seat, language, and costs as independent from the objectionable finality-and-waiver language. It held that a contract is not unenforceable merely because one part is invalid where the lawful part preserves the substance of the bargain and can stand alone. The express severability clause further supported enforcing the surviving arbitration promise and appointing an arbitrator.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Tue, 31 Jan 2006 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=160521</guid>
    </item>
  </channel>
</rss>