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    <title>2010 (10) TMI 1014 - Supreme Court</title>
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    <description>A guarantor cannot be compelled to arbitrate unless a written arbitration agreement with that guarantor is proved. A mere connection to loan transactions, participation in section 11 proceedings, or an earlier letter expressing willingness to stand surety does not amount to assent to the arbitration clause in later loan agreements. The analysis also rejects any inference of arbitration agreement from non-denial in the section 11 application where no specific allegation of such an agreement was made. On that basis, the guarantor was not bound by the arbitration clause and the arbitral awards against him could not be sustained.</description>
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    <pubDate>Fri, 22 Oct 2010 00:00:00 +0530</pubDate>
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      <title>2010 (10) TMI 1014 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=171266</link>
      <description>A guarantor cannot be compelled to arbitrate unless a written arbitration agreement with that guarantor is proved. A mere connection to loan transactions, participation in section 11 proceedings, or an earlier letter expressing willingness to stand surety does not amount to assent to the arbitration clause in later loan agreements. The analysis also rejects any inference of arbitration agreement from non-denial in the section 11 application where no specific allegation of such an agreement was made. On that basis, the guarantor was not bound by the arbitration clause and the arbitral awards against him could not be sustained.</description>
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      <pubDate>Fri, 22 Oct 2010 00:00:00 +0530</pubDate>
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